United States Second Circuit

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Lloyd v. J.P. Morgan Chase & Co., 13-3963

In a putative class action alleging violations of state and federal overtime laws, the district court's denial of employer's motion to compel arbitration pursuant to an arbitration clause in the plaintiffs' contracts is affirmed where the court correctly read the arbitration agreement to incorporate the rules of the Financial Industry Regulatory Authority (FINRA), which bar FINRA arbitrators from hearing claims that have been brought as putative class or collective actions.

Appellate Information

  • Decided 06/29/2015
  • Published 06/29/2015

Judges

Court

  • United States Second Circuit

Counsel