England v. New Century Financial Corp.

RULING

POLOZOLA, Chief Judge.

This matter is before the Court on the New Century Defendants’ Motion to Reject Conditional Certification of a Collective Action. 1 Plaintiffs have opposed this motion. 2 On March 31, 2005, the Court granted the defendants’ motion. The Court now sets forth its reasons for granting defendants’ motion.

I. Factual Background

Two suits were filed by employees of the New Century Financial Corporation, New Century Mortgage Corporation, Worth Funding, Incorporated, and The Anyloan Company (hereinafter referred to as “New Century” or “defendants”) for alleged violations of…