SETTLEMENT APPROVED
Raisner Roupinian LLP filed a class action suit on June 30, 2022, against First Guaranty Mortgage Corporation and Maverick II Holdings, LLC (collectively, “Defendants”), seeking to recover 60 days wages and benefits for former employees under the Worker Adjustment and Retraining Notification (“WARN”) Act.
We contended Defendants ordered mass layoffs at their facilities on or about June 24, 2022, without providing their employees with 60 days’ advance written notice as required by the WARN Act. Initially, we filed the case in the United States District Court for the Eastern District of Texas. Subsequently, we filed in the Delaware Bankruptcy Court when Defendants filed for bankruptcy there.
On January 11, 2023, the court certified the WARN suit as a class action. The class is defined as employees who reported to FGMC’s Plano, TX facility and were involuntarily separated from employment on June 24, 2022.
The parties reached a proposed $1.75 Million settlement of the WARN class action subject to preliminary and final approval by the United States Bankruptcy Court for the District of Delaware.
On November 29, 2023, the Court granted preliminary approval of the settlement. The settlement administrator mailed notice of the terms of the settlement to all class members that same day. The Court granted final approval of the settlement on December 28, 2023.
Settlement checks were mailed to class members on January 19, 2024.
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.