September 15, 2019

New York Court Invites All KPMG Audit Associates to Play in Overtime Lawsuit

Law firm Outten & Golden has issued a press release today announcing any House of Klynveld audit associates who are feeling a little short changed because they missed out on overtime pay are now officially invited to join in the fun. 

A New York federal court conditionally certified a national collective action lawsuit that alleges that KPMG LLP violated the federal labor laws by denying thousands of entry-level audit employees overtime pay, lawyers for the workers at Outten & Golden LLP said today. The lawsuit alleges KPMG misclassified "audit associates" as exempt and did not pay them proper overtime wages in violation of the federal Fair Labor Standards Act (FLSA) and the New York Labor Law.
Still pissed about your bonus? Not impressed with the Early Career Investment Bonus? Don't have the stomach for more Omaha Steaks? Then this may be your chance (hope you're patient)! And it sounds like these lawyers feel your pain:
Rachel Bien, of Outten & Golden LLP, said, "KPMG audit associates work long hours and make big sacrifices for the company. The least they should be able to expect is for KPMG to follow the law when it pays them."
Not sure if this was the "workers unite!" moment some of you were looking for but it's something. 
The case is "Kyle Pippins, et al., v. KPMG LLP," in the Southern District of New York, Case No. 1:11-cv-00377-CM-JLC. 

[via O&G via Francine McKenna]
More GC coverage of wage and hour lawsuits:
Ninth Circuit Rules for PwC in California Overtime Lawsuit
Plaintiff in PwC Overtime Lawsuit Made a 'Serious Error' on One Engagement, Was Eventually Fired for Poor Performance



Have something to add to this story? Give us a shout by email, Twitter, or text/call the tipline at 202-505-8885. As always, all tips are anonymous.

Related articles

Ex-KPMG Partner David Middendorf Was Spared a Lengthy Prison Sentence

A second member of the “KPMG 5” will serve jail time for his involvement in an information-stealing scheme to cheat the PCAOB inspection process. David Middendorf, former national managing partner for audit quality and professional practice at KPMG, was sentenced this morning in Manhattan federal court to one year and one day in federal prison, […]

Ex-KPMG Partner’s Request to Have His Wire Fraud Conviction Thrown Out Gets Shot Down, Crashes, Burns

Welp, so much for that. David Middendorf, former national managing partner for audit quality and professional practice at KPMG, is scheduled to be sentenced in Manhattan federal court tomorrow, according to Law360, for his role in an information-stealing scheme in which PCAOB insiders fed KPMG executives secret plans on which of the Big 4 firm’s […]