On December 14, 2009, the court approved a final settlement valued at $6.5 million dollars for the former employees of American Home Mortgage. On August 8, 2007, Outten & Golden filed suit against American Home Mortgage Corp, American Home Mortgage Acceptance, Inc., American Mortgage Serving Inc., American Home Mortgage Investment Corp., and American Home Mortgage Holding, Inc. seeking to recover 60 days wages and benefits for former employees of American Home Mortgage who we contend were terminated on or about August 3, 2007 in violation of the Worker Adjustment and Retraining Notification Act (the WARN Act).
The settlement funds were distributed to the class in December 2013.
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(*Prior results do not guarantee a similar outcome.)