Unless the law has changed, in California back pay is senior to everything except tax debt. And the company officers are personally liable for it.
It should work that way everywhere. Executives need to be incentivized to do layoffs while there’s still cash for it. Defrauding employees is a terrible evil.
We didn’t get our final check. The class action suit went on for several years and the lawyers got all the money. I believe I was entitled to something less that $100 in the end and I declined.
It should work that way everywhere. Executives need to be incentivized to do layoffs while there’s still cash for it. Defrauding employees is a terrible evil.