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Can Employees of Vetter.com Take Legal Action Against Their Former CEO?

by Levin & Nalbandyan, LLP
January 18, 2022
Employment Law

Understanding Your Rights in a Wrongful Termination Lawsuit

900 employees of Better.com were unceremoniously and unexpectedly laid off by CEO Vishal Garg via zoom earlier this month. A video of the exchange has now gone viral, leaving many wondering whether there are legal implications for the embattled company.

The trial lawyers at Levin & Nalbandyan, LLP are here to help you understand your rights if you were wrongfully terminated from your employment. Our legal team will thoroughly investigate your claim to determine whether you are entitled to restitution based on an unlawful firing. 

If you believe you were the victim of wrongful terminationcontact our office at (213) 232-4848 for a free consultation. 

Fired Over Zoom

Approximately 9% (although the CEO estimates it was closer to 15%) of Better.com’s mortgage staff was let go via a company zoom call with the founder’s CEO. In it, Garg announced that if they were on the call, they were “part of the unlucky group that is being laid off.” Employees were shocked by the news, noting that the company had just received $750 million from investors the day before. 

The video, which lasts less than 3 minutes, starts abruptly and ends with the unfortunate news that the 900 or so listeners were having their employment terminated. The notice was effective immediately to the dismay of the workers, particularly in light of the approaching holidays. 

Publicity Woes for the Nearly $7 Billion Company

Reports value the company at approximately $6.9 billion, consistently ranking among LinkedIn’s Top Startups. An in-depth article by the Orange County Registerestimates that Better.com has $1 billion in cash. The CEO cited market changes, proficiency, productivity, and performances as some of the reasons for the layoffs.

Days after the call, Garg stated in a series of messages reported on by Fortune that the employees were laid off because they had been “stealing” from their coworkers and customers by being unproductive and only working a couple of hours a day.

Multiple sources report that the CEO regularly cursed during video calls and sent an email calling employees “slow” and “dumb dolphins.”

Wrongful Termination and Your Rights

Employees are afforded certain protections under state and federal law. While most employees are hired “at-will” and can be terminated at any time, discriminatory or retaliatory firing is unlawful. 

If you believe that you were wrongfully terminated from your position, you might be entitled to restitution. Our Los Angeles wrongful termination lawyers can help determine if you are eligible to file a lawsuit based on the circumstances of your firing. 

Hiring an Experienced Wrongful Termination Attorney

Were you unlawfully discharged from your position at work? Contact our office at (213) 232-4848 for a free, confidential consultation. 

Our legal team has over 30 years of experience fighting for those who have been wrongfully terminated from their jobs. We have obtained millions on behalf of our clients and will work tirelessly to ensure that you receive the compensation you deserve. Call our office today to discuss your legal options.

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