Laid-Off Employees Sue Mortgage Company for Unpaid Wages, Defamation

More than 100 laid off employees are suing AmeriSave Mortgage Corp., claiming the company lied about its financial health, failed to pay wages and bonuses, and even defamed them. 

A group of 140 former employees claim AmeriSave even made it difficult for them to get new jobs by saying they were fired “for cause” after they were laid off last summer. They’re seeking nearly $43.5 million in damages. 

The lawsuit was moved from California state court to federal court last week at AmeriSave’s request. 

The 140 employees said they were part of a group of 200 AmeriSave hired to focus on the West Coast as it tried to build its retail mortgage sales division. 

Read the source article at nationalmortgageprofessional.com