RumbleOn and RideNow Class Action Lawsuit
Seeking Justice for Employees
Did You Experience a Unfair Treatment During the Hostile Change of Control at RumbleOn?
Were you suddenly laid off without notice or explanation? Did you endure verbal abuse and an increasingly toxic work environment? Were you overworked and then unfairly dismissed? If you faced any of these issues, including receiving incorrect or no paperwork during your separation - encompassing vital documents like Visa/Immigration, COBRA, and tax forms, your rights may have been violated.
Violation of the WARN Act and Failure to Uphold Established Precedents
We believe that the companies actions under new management potentially violated the WARN Notice which requires employers to notify employees of a major layoff or business closing if the layoff reaches 33% of a single location. Failure to comply with this law can force employers to back pay severance, benefits, and more. In addiion, we beleive they have failed to uphold the precedents of severance and PTO payout that had been in place prior to the takover. RumbleOn has always taken care of tenured and loyal staff in the case of a lay-off termination or business closing. Affected employees may be entitled to compensation for missed benefits, severance. We will also be seeking punitive damages for the toxic workplace behavior portraied by this new leadership, including the verbal and mental abuse, sexual assaults, descriminatory practices and more.
Were You Granted RSUs? Unfair Practices and Your Rights
Unfair Targeting and Manipulation of RSU and Stock Values
If you were a RumbleOn employee granted Restricted Stock Units (RSUs) during your tenure, it's crucial to examine the handling of these assets, especially in light of the change of control. Reports and observations suggest a deliberate strategy to target employees with RSUs, negatively impacting their financial interests and investment in the company.
Unfair Devaluation for Personal Gain
There is growing concern that the value of RSUs and personally purchased stock was intentionally driven down to unprecedented lows. Such actions could potentially benefit leadership and the board of directors, allowing them to acquire mass amounts of company stock at deflated prices. They now own nearly 80% of the stock for the company, based on recent public reports. This suspected manipulation raises serious questions about ethical practices and fiduciary duties.
