Update 10/13/11

On February 20, 2009, Outten & Golden filed suit against Qimonda North America Corp. ("QNA"), and Qimonda Richmond, LLC ("QR"), seeking to recover 60 days wages and benefits under the Worker Adjustment and Retraining Notification Act (the WARN Act). We contend Qimonda ordered mass layoffs on or about February 4, 2009 without providing the employees with advance written notice. The suit also includes claims based on employees' entitlements to severance.

On August 10, 2011, the Court held a Final Fairness Hearing and approved the final settlement. The settlement will be distributed to the class in installments. An initial distribution of approximately $8.5 million dollars, less attorneys' fees and expenses, is expected to be mailed to the Class by the settlement administrator by October 17, 2011. Additional distributions, up to $27 million, will be made to the Class as assets are recovered and available to pay general unsecured creditors in the QNA and QR Estates. We will update the website once we receive additional date(s) for further distributions, but do not expect a second distribution to be made prior to December 2012.

Class members will have six months from the date of issuance of the settlement checks to deposit or negotiate their check or risk reversion of the funds to the QNA Estate. If you have changed your mailing address over the past year, please call or email us your current mailing address immediately. Our contact information is below.

To contact us regarding this matter, please call 1-877 4-OUTTEN and ask for Rene S. Roupinian or email her.

Change of address and/or telephone
To update your address and telephone number, please contact us at:
OUTTEN & GOLDEN LLP
3 Park Avenue, 29th Floor
New York, New York 10016
Toll Free 1-877-4-OUTTEN
Telephone: 212-245-1000
Facsimile: 212-977-4005
Contact Us