Jump to content

Litigation with regards to employer match

Guest Cliff Langwith

Recommended Posts

Guest Cliff Langwith

An employer matches with company stock that is restricted. EEs can't sell or diversify unless they die, become diabled, retire, or terminate.

The stock price has fallen from $6 to $2 7/8 in one year.

The employer believes "we don't even have to match, so what's the problem if the stock price falls?"

What is the employer's liability for thinking this way?

Are there existing cases of employee suits against employers for being held captive by a match that cannot be changed and losses value daily?

Link to comment
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
  • Create New...