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Paramount Hit With Potential Class Action Over Last Month’s Layoffs
Paramount Hit With Potential Class Action Over Last Month's Layoffs; Could See Over 300 Ex-Staffers Sue
A potentially class action lawsuit consequence for allegedly not giving Empire State mandated notice to the over 300 employees pink slipped on September 24. New York State’s Worker Adjustment and Retraining Notification Act demands companies give staffers 90-days’ notice in the case of a large layoff. Moving towards David Ellison and his father Larry’s official $8 billion takeover of the fabled studio and its other businesses, this suit could delay the necessary regulatory approvals in what has already been a convoluted and expensive process.
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