Law360, New York (August 13, 2012, 3:02 PM EDT) -- Solyndra LLC on Friday agreed to pay $3.5 million to settle a proposed employee class action that claimed the bankrupt solar energy company unlawfully failed to give workers enough warning before they were laid off.
In a motion filed in Delaware bankruptcy court, Solyndra asked the court to approve a $3.5 million settlement to resolve claims the company violated the Worker Adjustment and Retraining Notification Act, saying the agreement was fair and reasonable.
“In light of the inherent risks and costs associated with litigation of the WARN actions, the debtors have determined that the proposed settlement of the WARN claims is...
Stay ahead of the curve
In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.
Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
Create custom alerts for specific article and case topics and so much more!