Jessy Edwards  |  September 1, 2022

Category: Labor & Employment

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Close up of Bloomberg company logo on tablet screen.
(Photo Credit: Kate Krav-Rude/Shutterstock)

Bloomberg unpaid overtime class action overview:

  • Who: A former human resources employee at Bloomberg is suing the company.
  • Why: She says she and others were often required to work unpaid overtime, in violation of labor laws. 
  • Where: The class action lawsuit was filed in a New York federal court.

A former human resources employee at Bloomberg is suing the company, saying she and others were often required to work unpaid overtime, despite Bloomberg settling a similar lawsuit on its pay practices several years ago.

Plaintiff Heidi Diaz filed the class action complaint against Bloomberg LP Aug. 25 in a New York federal court, alleging violations of the Fair Labor Standards Act and the New York Labor Law.

According to Diaz, she and other employees were often required to work through meal breaks, as well as before and after scheduled shifts. They were not paid overtime for the additional work, she said, in violation of the law.

The alleged violations happened several years after Bloomberg agreed to pay $3 million to a group of New York call center workers who claimed that the company pressured them to work through their meal breaks and past the end of their shifts but did not pay them overtime. 

That lawsuit came after Bloomberh settled a similar lawsuit for $54.5 million in 2018. In that case, the lawsuit was filed by three Bloomberg analytic employees in April 2014 who alleged they and other employees were wrongfully misclassified as exempt from overtime pay.

Diaz alleges Bloomberg continued its illegal wage practices despite both settlements. 

After settlement, workers continued to work overtime unpaid, lawsuit alleges

Diaz says she was paid as a salaried worker with a set schedule, but was asked regularly to work overtime for which she was not compensated. She was only paid for her scheduled shifts, she said. 

She alleges that in one pay period she worked up to one hour after her scheduled shift at least four different times, and worked through her one-hour uncompensated meal break six times.

She says that amounted to her working about five to seven hours of overtime unpaid. 

Diaz alleges that Bloomberg knows exactly how many hours she and other workers do because they are required to swipe their security badges to enter and exit the building. She adds that her manager saw she was working overtime.

The company’s “illegal and improper wage practices…have deprived employees of millions of dollars in wages and overtime compensation,” Diaz alleges.

Diaz is looking to represent all current and former salaried and hourly employees Bloomberg employed from Feb. 4, 2020 who say they were not paid or properly compensated for overtime.

She’s seeking certification of the class action, damages, unpaid wages, fees, costs and a jury trial. 

What do you think about the Bloomberg wage theft class action claims? Let us know your thoughts in the comments! 

Diaz is represented by Lee S. Shalov, Brett R. Gallaway and Jason S. Giaimo of McLaughlin & Stern LLP.

The Bloomberg class action lawsuit is Diaz v. Bloomberg LP, Case No. 1:22-cv-07251, in the U.S District Court for the Southern District of New York.


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2 thoughts onBloomberg class action alleges company fails to pay OT despite prior $3M settlement

  1. Kristi Pough says:

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  2. Heather says:

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