Liddle & Robinson Attorneys at Law New York City


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Douglas Bennington, et al. v. Donaldson Lufkin & Jenrette Securities - 10/30/1998

Award Amount- $268,015.00

Case Summary: Our clients, Douglas Bennington, Sandra Carrithers, Richard Daskin, John Engles, John Sampson and George Selby, worked as bankers in DLJ's Public Finance Division, and were terminated in connection with DLJ's closure of that division in 1995. We filed an arbitration claim on their behalf against DLJ for violation of the federal Worker Adjustment and Retraining Notification Act (WARN). Under the WARN Act, where a mass layoff or plant closing occurs, affected employees are entitled to 60 days of advance written notice. If the notice is not given, the WARN Act provides that employees are entitled to up to 60 days of back pay, benefits and attorneys' fees in pursuing their claims. In this case, DLJ failed to provide the written notice as required by the federal statute. Following five days of arbitration hearings at the NASD in New York, a NASD arbitration panel awarded our clients $268,015 plus interest on their claims. The arbitration panel also assessed $4,000.00 in forum fees against DLJ.

Lawyer(s):
Jeffrey L. Liddle


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