(September 23, 2016, 12:57 PM EDT) -- SHERMAN, Texas — The International Franchise Association (ILA) and a coalition including the U.S. Chamber of Commerce, the Texas Association of Business, the National Automobile Dealers Association, the National Association of Manufacturers and more than 50 other national and Texas business groups on Sept. 20 filed a legal challenge to the Obama administration’s overtime rule, arguing that the U.S. Department of Labor (DOL) exceeded its statutory authority in issuing the regulation and violated the Administrative Procedure Act (States of Nevada, et al. v. United States Department...