News
 

Bookmark and Share

(0) 

For the troubled memory maker Qimonda things may get even tougher as the company is facing a class-action lawsuit from the former employees of its plant based in Richmond, Virginia.

Qimonda’s U.S. business unit has been slammed with a putative class action filed by former fab employees who claim the manufacturer of dynamic random access memory violated the Worker Adjustment and Retraining Notification Act by failing to give them correct notice before shutting down its Virginia plant, reports Law360 web-site.

Lead plaintiffs Lakita Blair, Linda Frazier and Bonnie Wright lodged the suit Monday in the U.S. District Court for the Eastern District of Virginia (Blair et al. v. Qimonda North America Corp. et al., case number 09-cv-00073), alleging that Qimonda knew it would close down the fab about two months before the formal announcement that caught employees completely uninformed. Qimonda AG of Germany as well as Qimonda North American Corp. and Qimonda Richmond LLC were named as defendants.

Qimonda officially said in a statement that it did not have money to upgrade the Richmond, Virginia-based plant in order to make chips using the company’s much-discussed Buried Wordline technology and leading-edge fabrication processes. Moreover, the company said it was no longer in a financial position to provide for severance benefits to the employees.

The former workers of Qimonda’s Virginia plant demand damages equal to the sum of unpaid wages, salary, commissions, bonuses, accrued holiday and vacation pay, and pension and 401(k)contributions for 60 working days.

Qimonda, which filed for insolvency protection in January, did not comment on the news-story.

Tags: Qimonda, Business

Discussion

Comments currently: 0

Add your Comment




Related news

Latest News

Wednesday, October 8, 2014

8:52 pm | Lisa Su Appointed as New CEO of Advanced Micro Devices. Rory Read Steps Down, Lisa Su Becomes New CEO of AMD

Thursday, August 28, 2014

12:22 pm | AMD Has No Plans to Reconsider Recommended Prices of Radeon R9 Graphics Cards. AMD Will Not Lower Recommended Prices of Radeon R9 Graphics Solutions

Wednesday, August 27, 2014

9:09 pm | Samsung Begins to Produce 2.13GHz 64GB DDR4 Memory Modules. Samsung Uses TSV DRAMs for 64GB DDR4 RDIMMs

Tuesday, August 26, 2014

6:41 pm | AMD Quietly Reveals Third Iteration of GCN Architecture with Tonga GPU. AMD Unleashes Radeon R9 285 Graphics Cards, Tonga GPU, GCN 1.2 Architecture

Monday, August 25, 2014

6:05 pm | Chinese Inspur to Sell Mission-Critical Servers with AMD Software, Power 8 Processors. IBM to Enter Chinese Big Data Market with the Help from Inspur