Hancock Park Settles WARN Act Suit Over Plant Closing

Law360, New York (September 14, 2011, 1:50 PM EDT) -- A settlement deal approved Monday resolved a class action against private equity firm Hancock Park Associates LLP by former employees of Barcalounger Inc. and American of Martinsville Inc. who said they didn't get 60 days' advance notice before being terminated as part of a plant closing.

U.S. District Judge Jackson Kiser's final order in Virginia federal court approved the $428,522 settlement pact, calling it “fair and reasonable.” The deal, which won preliminary court approval in July, covers 198 former Barcalounger and American of Martinsville workers who...
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