SETTLEMENT APPROVED
We filed a class claim against Ideal Mortgage Bankers LTD, d/b/a Lend America on January 29, 2013. We sought to recover 60 days wages and benefits for former employees under the Worker Adjustment and Retraining Notification (“WARN”) Act and the NY WARN Act. We contended Lend America ordered mass layoffs on or about December 1, 2009 without providing the employees with advance written notice. The United States Bankruptcy Court for the Eastern District of New York adjudicated the case.
Importantly, on March 7 2019, the Bankruptcy Court granted approval of a class settlement on behalf of the employees terminated within 30 days of December 1, 2009, as part of Lend America’s shutdown.
On November 20, 2019, settlement checks, net of class counsel’s fees, expenses, a service payment, and applicable withholding, were mailed to the members of the class. The settlement administrator mailed W-2s to class members on January 21, 2020.
WARN ACT
Raisner Roupinian LLP will provide you with information regarding your rights in this WARN class action. The federal WARN Act requires companies with 100+ full-time employees to provide them with 60 days’ written notice in advance of a mass layoff or plant closing. Additionally, certain states also have WARN Acts.
Without the required notice, an employer may be liable for 60 days’ wages and benefits to each affected employee.
CONTACT US
Please contact Raisner Roupinian LLP with any questions regarding this matter. Or, to update your address, email address, and/or telephone number.