Strauss Borrelli PLLC, a leading class action law firm, is investigating Ampla Technologies Inc., which does business as Ampla, regarding its recent mass layoff in New York City, New York. The WARN Act is a federal law that requires certain employers to notify their employees, in writing, at least 60 days before a plant closing or mass layoff takes effect. As a result, we believe Ampla employees may be entitled to sixty days of severance pay and benefits.
WHAT HAPPENED?
On May 15, 2024, Ampla Technologies sent a notice letter to the New York State Department of Labor WARN Unit, stating that they would be conducting a layoff between June 3–17, 2024, at their office location in New York, NY. This layoff involved 24 employees or nearly 39% of the entire workforce at Ampla. The reason for the layoff/closure is stated to be because of economic reasons despite the company securing a “$275 million credit facility from Citi and Waterfall Asset Management to fuel continued expansion”1 in December 2023 and raising a “$285m credit facility with Goldman Sachs and Atalaya Capital Management”2 in September 2023. The federal law, known as, the Worker Adjustment and Retraining Notification (WARN) Act, requires covered employers to provide 60 days’ prior written notice to employees, their representatives, and certain government parties in the event of a mass layoff or plant closing. However, Ampla failed to provide at least 60 days’ notice before laying off 39% of its workforce and therefore potentially violating the WARN Act.
ABOUT AMPLA:
Ampla is a commerce enablement platform built for consumer brand operators. It provides a platform that offers consolidated financial products and vertical market software to help consumer brands operate efficiently.3 As of December 2023, Ampla obtained over $600m in total funding from investors such as Goldman Sachs and Atalaya funding.4
If you or someone you know were laid off by Ampla Technologies Inc.:
We would like to speak with you about your rights and potential legal remedies. Please fill out the form below or contact us at 872.263.1100 or sam@straussborrelli.com.
