Lehman Brothers Bankruptcy Filing : Leeds Morelli & Brown, Attorneys at Law: Blog

Lehman’s Brothers Holdings Inc. recently announced that it has filed a petition under Chapter 11 of the U.S. Bankruptcy Code with the United States Bankruptcy Court for the Southern District of New York.  With its New York City office employing nearly half of the company’s 25,000 employees, thousands of people in our area, including Nassau and Suffolk counties, Manhattan, Queens, Brooklyn, Bronx, and Staten Island, are faced with the possibility of unemployment.  The images on the news show countless Lehman Brothers employees leaving its New York City office with a box filled with the contents of their desk and a look of despair.  This is just the latest chapter in our Nation’s economic crisis.

 Financial experts will tell you that a large employee population is one of the toughest issues for a company to manage through difficult times. As a result, during these tough times many companies are forced to lay-off workers to keep afloat.  Though many companies will act within the bounds of the law, some may use tactics that are unlawful.  At Leeds, Morelli & Brown, P.C., we are committed to fighting companies that conduct themselves contrary to the law.  Time and time again, companies will attempt to hide their strategic maneuvers by targeting older employees as the first to go under the guise of routine cut-back tactics.  The Law Firm of Leeds, Morelli & Brown, P.C. works to uncover these unlawful business practices and empower employees to stand up for their rights. 
 
 The attorneys at the law firm of Leeds Morelli and Brown, P.C. are experienced and determined employment law practitioners who will fight hard to make sure your rights are preserved.  If you find your employer is engaging in questionable discriminatory behavior, we urge you to contact an attorney at the law firm Leeds, Morelli & Brown, P.C. for a free consultation at 1-888- 5 JOB LAW or our firm’s website at www.lmblaw.com.