NRVHQ National RV Holdings, Inc. featured news, full reports, and detailed charts
National RV Holdings, Inc. (NRVHQ/NRVHQ.PK) Wrap Up:
National R.V. Holdings, Inc., through its wholly-owned subsidiary, National RV, Inc., engages in the design, manufacture, and marketing of motorized recreational vehicles or motorhomes in the United States. It provides self-powered recreational vehicles built on a motor vehicle chassis. The companys vehicles are equipped with various kitchen and bathroom appliances, audio and video electronics, communication and systems monitoring devices, furniture, climate control systems, and storage spaces. It offers its products under the Dolphin, Pacifica, Sea Breeze, Surf Side, Tradewinds, and Tropi-Cal brand names through a network of dealers in 32 states and 5 Canadian provinces. The company was founded in 1988 and is headquartered in Perris, California. On November 30, 2007, National R.V. Holdings Inc alongwith its affiliates filed a voluntary petition for reorganization under Chapter 11 in the U.S. Bankruptcy Court for the District of California, Riverside.National RV Holdings, Inc. (NRVHQ:OTC)
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Key developments for National RV Holdings, Inc. (NRVHQ)
National RV Holdings Inc. announced that an employee laid off from the company filed a complaint, seeking two months' pay and benefits. National RV laid off 600 employees November 30 without warning or severance pay, citing a faltering company exception to a labor law. The company announced it was actively seeking funding during the two months prior to shutting its doors. The complaint, which is seeking class-action status, alleges that under the Worker Adjustment and Training Notification Act, companies are required to give either 60 days' warning or 60 days of severance. Henry Caouette, who worked at the company for two years as a production supervisor, initiated the complaint, which was filed with the U.S. Bankruptcy Court in Riverside.
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