SpaceX Slapped With Wage Class Action Over Mass Layoff

Law360, Los Angeles (August 6, 2014, 4:35 PM EDT) -- Space Exploration Technologies Corp. is facing a putative class action in California court accusing it of not properly notifying its former employees of a mass layoff of up to roughly 400 workers in the state, and not paying them wages earned before termination.

The proposed class action, filed Monday, alleged that SpaceX ordered the mass layoffs of between 200 and 400 workers on or about July 21 without giving advance notice to the them, in violation of California's Worker Adjustment and Retraining Notification Act.

The putative...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.