In the early days, Raymond Ackley, like so many others, believed he could count on receiving his severance payment. That was back in 2010 when he got swept up in one of the many rounds of layoffs instituted by Nortel Networks, his employer for 27 years.
Today the 62-year-old Cary resident is among legions of ex-Nortel workers along with contractors, consultants and vendors in North Carolina and around the globe who are still waiting. They are owed severance, health benefits, retirement money and business payments that were frozen in 2009 when the global telecom equipment maker filed for Chapter 11 bankruptcy.
As the years have passed, some former Nortel workers and clients have run out of patience and sold their financial interest to …
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