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CQMS Razer Settlement - $650,000 Class Settlement

UPDATE 12/18/12

On January 23, 2012, Outten & Golden filed suit against CQMS Razer (USA) LLC in the U.S. Bankruptcy Court for the Western District of Louisiana to recover 60 days wages and benefits for former employees of CQMS Razer under the Worker Adjustment and Retraining Notification ("WARN") Act. We contend CQMS Razer ordered mass layoffs at its Mansfield foundry on or about December 7, 2011 without providing the employees with advance written notice. 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.

On November 19, 2012, the Court held a Final Fairness Hearing and approved a settlement in the amount of $650,000 to the class, inclusive of class counsel's fees and expenses. Settlement checks (net of fees, expenses and applicable tax withholding), were mailed to the members of the Class on December 18, 2012 by the chapter 7 Trustee. Class members have 180 days from December 18th to deposit or cash their checks before the funds (i) are used to make Settlement Fund distributions to additional Class Members, if any, (ii) revert to the chapter 7 estate to pay other creditor claims. 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 Roupinian.

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