First NLC Settlement - $400,000 Class Settlement

Updated 3/17/10

On July 17, 2009, the Court approved a final settlement valued at $400,000 for the former employees of First NLC Financial Services, LLC. Outten & Golden filed suit against First NLC in the Bankruptcy Court for the Southern District of Florida to secure the rights of former First NLC employees in connection with the Worker Adjustment and Retraining Notification Act (the WARN Act). First NLC terminated approximately 199 employees at its facilities in Boca Raton, FL and Anaheim, CA on or about November 30, 2007 and January 11, 2008 without providing them 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. First NLC terminated 199 employees on or about November 30, 2007 and January 11, 2008 without providing them with advance written notice.

Settlement checks were mailed to the members of the Class on November 13, 2009. The Trustee's office mailed the W-2s to the Class Members on January 29, 2010. If you have moved and have not provided us with an updated address, please contact our office immediately.

To contact us regarding this matter, please call 1-877 4-OUTTEN and ask for René Roupinian.

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OUTTEN & GOLDEN LLP
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