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GYG Guzman Y Gomez News Story

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Australia's Guzman y Gomez sued in US over alleged failure to notify staff of closure

May 25 (Reuters) - A class action lawsuit was filed against Sydney-listed Guzman y Gomez GYG.AX in an Illinois District Court by a group of U.S. employees alleging failure to provide a 60-day notice on the closure of U.S. operations, a court document showed on Monday.

Guzman y Gomez, the Mexican-themed restaurant chain whose global growth plans powered a blockbuster sharemarket listing in 2024, last week said it was quitting the U.S. due to poor sales.

"GYG is aware of legal action filed in the United States, and we are confident we have met all of our legal obligations to our U.S. employees. We are not in a position to provide further comment on this matter," a spokesperson told Reuters.

(Reporting by Kumar Tanishk in Bengaluru; Editing by Harikrishnan Nair)

((Tanishk.Kumar@thomsonreuters.com; X: @thatstanishk;))

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