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Fifth Circuit Opinion Reminds Employers to Carefully Approach the Termination of Executives
The Wagner Law Group 
Oct. 24, 2018 "Read literally, [the opinion] suggests that a service-based vesting schedule can be deemed satisfied when an employer 'frustrates' vesting if an executive is terminated without cause. While that seems wrong on cold contract grounds, it seems to reflect the court's sense of equity and justice on the facts at hand." [Sellers v. Minerals Technologies, Inc., No. 17-20555 (5th Cir. Oct. 18, 2018)] MORE >> |
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