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New Wage-and-Hour Lawsuit Seeks Back Pay for Bloomberg Data Analysts

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Bloomberg L.P. is facing another legal battle in Manhattan federal court over its overtime policies. The class action filing, by an unnamed "Jane Doe" plaintiff, claims that, even as the company has worked to properly classify employees who are eligible for overtime as such, the unit she works in was not provided allegedly required retroactive pay.

The suit is the latest Fair Labor Standards Act claim brought against the media and finance data company by Getman Sweeney Dunn name attorney Dan Getman and his firm. According to Getman, the suit is the sixth brought against the company since 2012.

The sparse eight-page complaint was filed on behalf of data analysts and specialists in Bloomberg’s global data division. According to the complaint, the company recognized that the positions in the division were not among those exempt from overtime. However, Bloomberg allegedly made no effort to calculate back pay and liquidated damages for those employees, as they are required to by law.

“I think Bloomberg has had ample opportunity and ample reason to realize that many classes of its work force, many divisions and groups of workers, should have been paid overtime a long ago,” Getman told the Law Journal. “I think that’s why they came around on reclassifying the position in global data.”

The plaintiff, a current employee, stated that she’s worked for the company since 2014 out of the global data division office located in Princeton, New Jersey. The complaint states that Bloomberg employs hundreds of people in the data division under the job titles, and that the class would be “well more” than a thousand people. The employees are responsible for updating the Bloomberg terminals, as well as Bloomberg Law and other platforms, according to the complaint.

Employees in the division regularly work over 40 hours in a week, the complaint states, often being required to do so to complete work assigned to them. This often means working through lunch breaks, as well as it home.

The Doe suit comes as settlement talks in a separate suit over the same issues are currently commencing before U.S. District Judge Richard Berman of the Southern District of New York. That suit, Martinez v. Bloomberg LP, was filed on behalf of employees in the company’s customer support center responsible for helping customers with the installation of Bloomberg products and services.

In March, Jones Day partner Terri Chase alerted the court on behalf of Bloomberg that the parties had reached a settlement in principle. The parties are due back April 9 to finalize the settlement before Berman.

Chase did not immediately respond to a request for comment on the Doe suit.

A spokesman for Bloomberg did not immediately respond to a request for comment.


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