The general counsel of LoJack Corp. has beaten a contempt judgment, but he still must kick in additional alimony to his ex-wife for money he made in company stock. In a matter of first impression, the Appeals Court of Massachusetts found on Tuesday that Thomas A. Wooters, top in-house counsel for the anti-auto theft company, ran afoul of a divorce judgment when he failed to pay his ex-wife's portion of the $1.2 million that he made from exercising his stock options.
August 21, 2009 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
The general counsel of LoJack Corp. has beaten a contempt judgment, but he still must kick in additional alimony to his ex-wife for money he made in company stock.
The Appeals Court of Massachusetts found on Tuesday that Thomas A. Wooters, executive vice president and top in-house counsel for the anti-auto theft company, ran afoul of a divorce judgment when he failed to pay his ex-wife’s portion of the $1.2 million he earned in 2006.
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