Factor 5 Sued by Ex-Employees for Fraud
-
-
- PsychoAlan
- added this
http://www.gamasutra.com/php-bin/news_index.php?story=24076
Former employees for San Rafael, Calif.-based developer Factor 5 are suing the company for allegedly fraudulently conveying intellectual property to another company prior to declaring bankruptcy, in order to avoid paying employees and debtors.Factor 5 closed its doors on May 13, and according to a report in the Marin Independent Journal, soon after had 69 claims for unpaid wages totaling over $900,000.
