Foreclosure Firm Steven J. Baum to Close Dow
A law firm that had become a lightning rod in the controversy over mortgage-foreclosure practices has shut down, costing 89 employees their jobs.
The Steven J. Baum P.C. law firm, which has offices in Amherst, N.Y., and Westbury on Long Island, has filed papers with government agencies notifying them that it plans to close. It made the filings under a federal law requiring employers to provide notice before mass layoffs.
“Disrupting the livelihoods of so many dedicated and hardworking people is extremely painful, but the loss of so much business left us no choice but to file these notices,” said Mr. Baum in a statement issued on Monday. A firm spokesman said it would have no further comment beyond the release.
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