Complaint Review: Open gate capital - Los Angeles California
- Open gate capital 10250 Constellation Boulevard Los Angeles , California USA
- Phone: 310 432 7000
- Web: http://www.opengatecapital.com
- Category: Investment Brokers
Open gate capital The company laid us off and didn't pay us! Los Angeles California
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Open Gate Capital aquired my company Pennysaver USA 1 1/2 years ago. It had been in business 50 years. I worked the for a little over 4. Throughout the first year they started to liquidate assets selling property and equipment. They cut salaries. All in the name to make us more efficient. On Friday May 21,2015 they fired all employees. close to 800. They didn't provide use with any notice. Just escorted everyone out of the building. CA has a Warn act which states we should've been giving a 60 day notice. The worst part is they issued us paychecks which are still NSF to date. It was for 1 weeks pay. No accrued vacation or severance. This company has acquired and liquidated like this at least 3 times from the research I've found. If they buy you start looking for a job because they won't pay you!
This report was posted on Ripoff Report on 05/28/2015 09:38 AM and is a permanent record located here: https://www.ripoffreport.com/reports/open-gate-capital/los-angeles-california-90067/open-gate-capital-the-company-laid-us-off-and-didnt-pay-us-los-angeles-california-1231928. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year. Ripoff Report has an exclusive license to this report. It may not be copied without the written permission of Ripoff Report. READ: Foreign websites steal our content
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