By: William J. Milani and Anna Kolontyrsky The New York Court of Appeals has rejected a wrongful discharge cause of action brought by a hedge fund compliance officer who claimed that he was terminated for questioning a series of personal stock trades by the company’s president. Sullivan v. Harnisch, No. 82 (N.Y. May 8, 2012) (PDF)… Continue Reading
Tag Archives: at-will
New York’s Highest Court Upholds Oral Promise of Guaranteed Bonus
By: John F. Fullerton III The New York Court of Appeals recently upheld a jury verdict in favor of a brokerage firm employee who claimed that his employer breached an oral promise (and violated New York wage law) when it failed to pay him a guaranteed bonus of $175,000, to be paid at the end… Continue Reading
