Wall Street goliath Goldman Sachs has disclosed in a filing with the Securities and Exchange Commission that it is being sued by computer network technicians for overtime pay.  The five plaintiffs, who routinely worked over 70 hours a week without receiving overtime pay, are seeking class action certification for themselves and others who were not paid overtime for work over the 40-hour workweek, as required by the Fair Labor Standards Act.  Their lawsuit claims that more than 100 employees in New Jersey and New York have been underpaid by Goldman Sachs.

The company disputes the allegations, claiming that the plaintiffs were contractors and not “employees” as defined by state labor laws.

For the full story, go to Bloomberg.com.