Delta Financial Mortgage - $2.525 Million Class Settlement

Update 2/9/12

On December 12, 2007, Outten & Golden filed suit against Delta Financial Corporation, Delta Funding Corporation and Fidelity Mortgage Inc., seeking to recover 60 days wages and benefits for former employees of Delta who we allege were terminated in violation of the Worker Adjustment and Retraining Notification Act (the WARN Act). 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 December 21, 2011, the Court held a Final Fairness Hearing and approved the settlement. Settlement checks were mailed to the members of the Class on February 6, 2012. Class members will have 180 days from February 6, 2012 to deposit or cash their check. After August 4, 2012, any residual funds will be donated to cy pres recipient Workplace Fairness, a non-profit organization dedicated to employee rights. 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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685 Third Avenue, 25th Floor
New York, NY 10017
Toll Free 1-877-4-OUTTEN
Telephone: 866-544-9945
Facsimile: 646-509-2070
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