Ex-Worker Sues Shuttered WJB Capital Over Mass Layoff

Law360, New York (February 8, 2012, 8:38 PM EST) -- A former employee of recently defunct WJB Capital Group Inc. lodged a putative class action against the brokerage Friday in New York federal court, arguing she and about 100 former colleagues were not given adequate notice of their sudden terminations.

Julie Siskovic is accusing WJB Capital of violating the Worker Adjustment and Retraining Notification Act by not providing 60 days' advance written notice of the mass layoffs that occurred Jan. 3, when the company closed its brokerage operations.

The New York-based firm allegedly told Siskovic and...
To view the full article, register now.