A Philadelphia judge awarded two former employees of a high-end retailer a combined $2.16 million, finding that verbal agreements they had made with the business’ owner entitled them to payouts after they left their jobs.

The defendants argued that the circumstances under which plaintiffs Jonathan Thorson and Grace Song departed BDDW barred them from receiving percentages of the business’ fair-market valuations that owner Tyler Hays had promised them. The plaintiffs, however, said the prohibitive terms that the defendants cited were not part of the agreement they had reached with Hays.

This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.

To view this content, please continue to their sites.

Not a Lexis Subscriber?
Subscribe Now

Not a Bloomberg Law Subscriber?
Subscribe Now

Why am I seeing this?

LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.

For questions call 1-877-256-2472 or contact us at [email protected]