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Re: Former Lehman employee files 5M lawsuit - on behalf of 100 other former employees from JC office
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Why sue for only 5 mil? Since they are suing a bankrupt company and will never see any money why not 5 billion? Shoot for the stars.

Posted on: 2008/11/6 15:09
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Re: Former Lehman employee files 5M lawsuit - on behalf of 100 other former employees from JC office
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From Morgan Lighthouse
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They should just ask their CEO FULD for the money.

He got a $34,382,036 payout.

Funny.
I could have made the company go bankrupt,
and I would have only charged them $15 mil.

Posted on: 2008/11/6 15:01
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Former Lehman employee files 5M lawsuit - on behalf of 100 other former employees from JC office
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Wednesday, November 05, 2008

Former Lehman employee files 5M lawsuit

EX-EMPLOYEE SUES LEHMAN OVER LAYOFFS: A former employee of Lehman Brothers Holdings Inc. filed a $5 million lawsuit Tuesday in an effort to open a class action against the failed investment bank. Miron Berenshteyn, a computer programmer, filed the lawsuit on behalf of more than 100 other former employees who were fired in a round of layoffs Sept. 9. Most of the employees worked at or reported to a Lehman data center in Jersey City, N.J., or at the company's Manhattan headquarters. Lehman filed for Chapter 11 in the biggest bankruptcy in U.S. history. It has since sold off major units and started the long process of winding down the rest of its operations and distributing the proceeds among creditors. Lawyers for Berenshteyn argued that Lehman had violated the Worker Adjustment and Retraining Act, which they say requires 60 days' advance notice in writing of a layoff.

http://www.modbee.com/business/story/488041.html

Posted on: 2008/11/5 16:56
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