Broker Overtime Lawsuits

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Oct 3, 2005 4:49 pm

Nothing like driving up the cost to do business.  What a wonderful world this would be with 90% fewer lawyers.  You are the jerks that are responsible for making it more and more difficult  for all of us to do business.  I cant even write a darn note to a client anymore for fears that something I say could be used against me in court. 


Overtime pay for commissioned brokers is STUPID!  STUPID! California is screwed up.  Dumbest thing I ever heard.  Go crawl under a rock somewhere would ya-


Oct 3, 2005 5:22 pm

Absolutely the most ridiculous abuse of legal propoganda ever!! Did  the brokers who sued for OT actually have time sheets or documentation to prove their OT???? Sounds like lawyers looking for a paycheck!!

Oct 3, 2005 6:41 pm
KJMLAW:

 First to settle was the Merrill Lynch case in California where Merrill Lynch has agreed to pay up to $37 million to compensate their brokers in that State.



And how much did the lawyers take versus what the brokers got? Hmmm?

Oct 4, 2005 10:20 am

Amen, Malcolm.  Commission is the key word.  If brokers want to make more, as any commissioned employee would do, they would work more.  It doesn't seem to me that this is a "watch the timeclock" type of business.  Bunch of BS.

Oct 4, 2005 12:02 pm

These attornies screw up our entire society for money.  Scum suckers.  Then you have the liberal courts in Ca that actually make this kind of stupid ruling.  It is just amazing.  As I say, the inmates have taken over the asylum in this country.   It's downhill from here.


We are going to end up like France.  10% unemployment and a bunch of lazy do nothings voting themselfs entitlements until society finally crumbles.  Everybody has their hands out...even brokers. 


Hey KJM, how does it feel to be apart of the underbelly of our country?  Do you enjoy being a bottom feeder?  Do you enjoy the money you get from your spoils?  


Do you have the balls to respond?  I doubt it.    Come on you little cockroach, stand up for yourself. 

Oct 11, 2005 11:22 pm

Did you hear the 9th district court (San Fran) stated "the constitution is unconstitutional... Since there were no women or children present during the signing.."


I look forward to some lawyers working for me when I sigh the big contracts... Other then that the skum including Atny Edwards need to go..

Oct 12, 2005 9:39 am

Has anyone run the numbers to see how much (per hour) they were making when they started the biz?  No, I haven't, I don't want to depress myself.