The National Association of Mortgage Field Services (NAMFS) just can’t seem to catch a break. Coming on the heels of NAMFS’ violation of federal law by not releasing their non profit tax returns, the latest litigation is showcasing precisely how bad it is. As NAMFS member after NAMFS member continue to be sued for employee misclassification; as tens of millions of dollars in settlements and millions in jury awards continue, there appears to be no state immune from the Fair Labor Standards Act (FLSA) litigation. And in the case of Sand Castle Investments, based out of Wisconsin and owned by Joe Bellante, the roosters have come home to roost.
More on this fast breaking story as it unfolds.