WARN Act Class Action Lawsuit Against Foxtons Settles For $475,000.00

June 5, 2009
By David Krenkel on June 5, 2009 4:24 PM |

I am happy to announce that my firm Krenkel & Krenkel, LLC, along with co-counsel, the Gardner Law Firm, Lankenau & Miller, LLP and Margolis Edelstein, recently settled a class action lawsuit for $475,000.00 against Foxtons, Inc., a discount real estate brokerage firm located in West Long Branch, New Jersey. The complaint was filed in the United States Bankruptcy Court and alleged that Foxtons terminated 350 employees without sufficient warning. The lawsuit alleged that Foxtons violated the Worker Adjustment and Retraining Notification Act, 29 U.S.C. 2101, et seq. (WARN Act). In certain circumstances, the WARN Act requires an employer to give 60 days notice in advance of a plant shutdown or mass layoff.