There is an update to this story-
CPI Corp abruptly closes its US portrait studios - Wednesday April 1o, 2013
According to an article on The Herald Online CPI, corp may have violated the Worker Adjustment and Retraining Notification Act ("WARN Act") when it suddenly closed without notice and layed off over 4,000 employees.
Charles A. Ercole who is a partner in the law firm Klehr Harrison Harvey Branzburg LLP says that his law firm is investigating the facts behind the decision not to notify these employees at least sixty (60) days in advance of the shutdown. He goes on to say that it certainly appears that CPI violated the WARN Act because clearly CPI had sufficient time and knowledge to give employees a 60 day notice of the layoff as well as state and local officials.Damages that come from failing to comply with the warn act include 60 days wages and fringe benefits for each employee.
Head over to the Herald Online to read more