WHAT'S NEW IN EMPLOYMENT LAW? Welcome to Shaw Law Group, PC's law blog. We will focus on employment law developments, particularly in California. Nothing in this forum should be construed as legal advice, 'cause it isn't. So, please consult your lawyer or hire us! (We typically represent employers, not employees). Also - this is a public website, so communications are not privileged. Copyright Shaw Law Group, PC © 2017. All rights reserved.
Friday, May 23, 2008
Update - Cal. Supreme Court Review Granted
We posted on Schachter v. Citigroup here. The California Supreme Court has decided to review the decision, which upheld Citigroup's stock option plan's forfeiture provisions under California wage and hour law. The court of appeal also said that payment in stock options did not violate Labor Code section 212. Stay tuned for the Supreme Court's view, probably in 2009 or 2010.
