Diorio Law

Winston-Salem Journal: Settlement reached in Microfibres WARN Act lawsuit

A settlement has been reached in the WARN Act compensation dispute between defunct Microfibres Inc. and plaintiffs certified for a class-action lawsuit.

The settlement was disclosed Friday, eight days after the case appeared headed to alternative dispute resolution.

Bankruptcy trustee Joseph DiOrio said the parties expect to file the settlement with the bankruptcy court this week.

See full article in Winston-Salem Journal here.