I NOTICED HOW A MAN OR A WOMAN WHO IS FORCED TO STEAL A LOAF OF BREAD OR A COUPLE OF DOLLARS TO FEED HIS/HER FAMILY OR PAY A BILL IS NOT GIVEN ANY MERCY AND GETS HAULED OFFED TO JAIL WITH STIFF PENALTIES,BUT THOSE WHO DEFRAUD THOUSANDS TO STEAL MILLIONS OR BILLIONS GET NOTHING.
THERE IS NO WAY A COMPANY WITH OVER 100 STORES AND THOUSANDS OF EMPLOYEES CAN TELL ME THAT THEY ALL OF A SUDDEN CAN’T PAY THE EMPLOYEES OR CAN PAY THEIIR HEALTHCARE OR CAN’T GIVE THEM A FEW WEEKS NOTICE OF TERMINATION OR CAN’T GIVE THEM THERE FINAL PAYCHECK THAT IS DUE TO THEM . THAT IS THEFT ON A GRAND SCALE.THAT IS FRAUD ON A GRAND SCALE.THAT IS STEALING ON A GRAND SCALE.
TELL ME THIS…WILL THE CORPORATE HEADS GET ARRESTED DRAGGED INTO COURT AND SENTENCED WITHOUT MERCY?SOMEONE HAD TO KNOW WHAT WAS GOING ON.PEOPLE LIKE THE CEO,THE CFO,THE PRESIDENT,THE VICE PRESIDENTS,THE ACCOUNTANTS,AND THE BRANCH MANAGERS….WERE IS THE JUSTICE FOR THOSE THOUSANDS WHO WERE JUST STRONG ARMED ROBBED IN BROAD DAYLIGHT ?
JUST REMEMBER THAT THIS IS ONLY A SIGN OF THE TERRIBLE THINGS THAT ARE TO COME TO AMERICA.”
|Last Update: 5:24 pm|
(WXYZ) – No paycheck, no health insurance and no job! That’s exactly what all InkStop employees are suddenly dealing with. The company has closed all InkStop stores nationwide, which includes 23 stores in Michigan.
InkStop managers called their employees last night at 10 p.m. to notify them that the company was “temporarily closing” while they restructure the company.
All employees have been laid off. To make matters worse, workers did not get their paychecks Friday. On top of that, they also found out that InkStop didn’t pay their health insurance premiums for the month of September. Employees just learned that their coverage actually ended August 31.
The Cleveland-based company has 163 stores nationwide.
Action News obtained a memo from InkStop. You can read the entire memo below:
To All Store Associates,
The company has elected to temporarily close all stores at the close of business today October 1, to focus on a restructuring plan in an effort to improve the overall operations of the organization. All employees are laid off until further notice.
Paychecks will not be issued on Friday due to our cash constraints. We are working on a plan to improve our cash flow situation and re-open under better circumstances.
Below is key information that each of you should have at your disposal.
401k – Anyone who is laid off and currently has funds in the 401k plan, can contact Noble Davis for further information. Their contact number is 888-657-0702.
Medical Coverage – This is the initial notification that the September premium has not been paid. Therefore, your last day of coverage for the qualifying event is August 31, 2009. If you have other options for coverage (i.e. spouse), please contact them immediately for further information. You have 30 days from a qualifying event for this election. Individuals who do not have this option can seek insurance resources online for coverage needed. For individuals/children with severe medical conditions, individuals should contact your local Health & Human Services for a Medicaid application.
According HIPAA, in order to have guaranteed issue minimizing pre-existing conditions, you cannot have a break in coverage for longer than 62 days.
COBRA will not be available as there is no group sponsored plan.
Other Insurances have been paid through August 31, 2009.
Your patience during this difficult time is appreciated it.
The InkStop Board of Directors