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Former Employee Alleges Sequoia Equities Engaged in Wage Theft

SOUTHERN CALIFORNIA RECORD

Friday, May 16, 2025

Former Employee Alleges Sequoia Equities Engaged in Wage Theft

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Ventura County Superior Court | Official Website

A class action lawsuit has been filed against a prominent real estate management company, alleging numerous violations of California labor laws. The complaint, submitted by Jesus Isabeles on May 7, 2025, in the Superior Court of California for Ventura County, accuses Sequoia Equities, Inc. of failing to pay minimum and overtime wages, denying meal and rest breaks, and other infractions.

The plaintiff, Jesus Isabeles, claims that Sequoia Equities engaged in illegal labor practices affecting himself and others similarly situated. According to the complaint, Isabeles worked as an hourly non-exempt employee from September 13, 2014, until December 28, 2024. He alleges that the company did not compensate employees for all hours worked at the minimum wage rate or pay proper overtime wages. The lawsuit cites violations of various sections of the California Labor Code including Sections 1194 and 1197 for unpaid wages and Sections 510 and 1194 for unpaid overtime. Additionally, Isabeles accuses Sequoia Equities of failing to provide required meal and rest periods as mandated by Labor Code Sections 512 and 226.7.

The complaint further details how Sequoia Equities allegedly failed to indemnify employees for necessary work-related expenses in violation of Labor Code Section 2802. It also claims that the company did not provide accurate wage statements or timely final paychecks upon employment termination as required by Labor Code Sections 226 and 203 respectively. The suit argues that these actions constitute unfair business practices under Business and Professions Code Sections 17200 et seq., giving Sequoia Equities an unlawful competitive advantage over compliant businesses.

Isabeles seeks a range of remedies from the court on behalf of himself and affected employees. These include unpaid wages with interest, statutory penalties for each alleged violation, injunctive relief to prevent future infractions by Sequoia Equities, restitution under California's unfair competition law, as well as attorneys' fees and costs associated with bringing the lawsuit.

Representing Jesus Isabeles are attorneys Joseph Lavi, Vincent C. Granberry, Jeffrey D. Klein, and J. Jason Hill from Lavi & Ebrahimian LLP based in Beverly Hills. The case is being overseen by Judge K. Biaker under Case No. 2025 CUOEO043762.

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