As Zirtual faces class action suit over mass layoffs, Jason Calacanis suggests he knew company’s monthly cash position

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Zirtual might have found a soft landing at Startups.co, but now come the legal repercussions of the company’s collapse.

Yesterday, former employee Felice Martin filed a class action complaint (embedded below) against Zirtual Inc claiming the company failed to give adequate notice to the approximately 400 employees it suddenly laid off.

The complaint claims that under the Worker Adjustment and Retraining Notification (WARN) act, the company was legally required to give 60 days notice ahead of mass layoffs. Martin is asking the court to certify the complaint as a class action suit.

The complaint is not entirely unexpected…

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