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Layoffs at David J. Stern's Florida foreclosure firm hit 435

DJSP Enterprises, the parent company of David J. Stern's foreclosure law firm, laid off 435 workers over the past week, according to a WARN layoff notice filed with the state.

The Plantation-based firm said last week it would lay off a total of 560 in the wake of a decision by mortgage giants Fannie Mae and Freddie Mac to remove their cases and cut ties with the firm. Stern's company, which was once the ninth-largest Broward County employer with 1,600 employees, has been under fire for allegedly fabricating and/or presenting false and misleading documents in foreclosure cases.

Layoffs at David J. Stern's Florida foreclosure firm hit 435 11/10/10 [Last modified: Wednesday, November 10, 2010 6:11pm]
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