District Court, S.D. New York July 26, 2006, 05 Civ. 8851(MGC) (Coheleach v. Bear, Stearns & Co., Inc.)

Memorandum Opinion

CEDARBAUM, District Judge.

Plaintiff, a registered securities broker, filed an action under the Fair Labor Standards Act (the “FLSA”), 29 U.S.C. § 201

et seq.,

claiming that defendant brokerage firm improperly exempted him from the wage provisions of that act by failing to pay him for the hours he worked in excess of 40 hours each week.