Our employment law practice continues to be quite active as many brokerage firms have restructured and consolidated after mergers and acquisitions.
Brokerage firm employees have been dismissed, offered severance packages or been reassigned to new positions. Our law firm has been called upon to advise many clients with regard to the new employment contracts or severance packages they are being offered.
We have also represented individuals who were promised, but did not receive, compensation including commissions, finder’s fees, and retirement benefits. In several of the cases, we represented brokers who were promised year-end bonuses but were terminated and never compensated. Such cases often fare well in arbitration.
As in the past, we continue to pursue claims for individuals arising out of workplace discrimination and sexual harassment. Employment litigation of this type has increased during recent years and is expected to continue to increase during the foreseeable future. The firm also continues to handle claims against employers for wrongful termination, intentional interference with business relationships, defamation, and large front-end bonuses structured as forgivable loans.