Factor 5 Sued by Ex-Employees for Fraud

// added June 18, 2009 // 0 comments //
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PsychoAlan
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.
  1. groups:
    Gaming
  2. tags:
    Gaming Legal Fraud Lawsuit 1 more

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