Guest Cliff Langwith Posted January 11, 2000 Report Share Posted January 11, 2000 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 More sharing options...
Kirk Maldonado Posted January 11, 2000 Report Share Posted January 11, 2000 Go ahead and sue and see how fast that they will terminate the match. I'd rather a match in a poor investment than no match at all. Kirk Maldonado Link to comment Share on other sites More sharing options...
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