As the Wurld turns: Upstate firm owes $1.2M to 19 workers

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in Small Business Tax Deduction Strategies

An arbitrator has awarded $1.2 million in back pay and damages to 19 former employees of Wurld Media, Inc.

The Saratoga Springs-based Internet startup, which marketed a product similar to iTunes, began having trouble making payroll in 2006. Eventually, its remaining assets were sold to Roo Group Inc. for $4.3 million.

The 19 former workers included the brother of one of the company founders. He received $207,153.

Founder Greg Kerber was convicted of grand larceny for stealing $32,000 in company assets to buy pizza, repair his car and hire a lawyer to defend him in a separate criminal case. Co-founder Richard Sexton was convicted of grand larceny in 2008 and is appealing his conviction.

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