Reynolds v. Bement

The California Supreme Court has ruled unanimously that the state's labor laws do not impose personal liability on corporate officers and directors for unpaid wages owed by a corporate employer. This includes unpaid overtime pay based on the erroneous classification of workers as exempt employees [Reynolds v. Bement, et al., Cal. Sup. Ct. No. S115823 (August 11, 2005)].
Jackson Lewis has more, here.