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. The case was first filed in the United States District Court for the Eastern District of Texas and subsequently 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 and notice of the terms of the settlement was mailed 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.
If you have moved, please use our contact us form to confirm the address you had while working for FGMC and your current address.
WARN ACT – CONTACT US
If this mass layoff affected you, Raisner Roupinian LLP can provide you with updated information regarding your rights in this case. Generally, the WARN Act requires companies to provide their employees with 60 days written notice in advance of a mass layoff or plant closing. In the absence of such notice, employers may be liable to each affected employee for 60 days wages and benefits.
If you have any questions regarding this matter or to update your address, email address, and/or telephone number, please contact us.