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3d Cir.: No Non-Marketability Discount to be Applied to Stock Options After Wrongful Termination
U.S. Court of Appeals for the Third Circuit via FindLaw 
[Opinion] Feb. 5, 2001 Scully v. US WATS, Inc. (3d Cir. February 01, 2001). Excerpt: In this appeal, the primary issue is whether US WATS improperly denied Mark Scully the right to exercise his stock option following his wrongful termination, and, if so, whether the District Court, in awarding damages, improperly failed to apply a discount from market value to account for the option shares' lack of marketability. MORE >> |
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