Stock Options Employment Dispute

Summary

Cathy, a director-level employee, was terminated despite good performance and promises of stock options. She faces potential wrongful termination, sexual harassment, and breach of employment promises. Cathy seeks a fair settlement and is considering drafting a demand letter. It is advisable to maintain a professional tone, present clear facts, specify demands, and mention evidence without including it in the initial communication. Consulting a local attorney could provide further guidance.

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Cathy was Director level employee with stock options, she will be * in June. She was named as a key employee after her company was acquired by Evans a ($* Billion) in Aug *. Evans is owned by a large PE firm. As a key employee to help retain the customers she was issued stock options in Aug *, by the CEO with the options vesting over 5 years or upon a change of control. He promised her verbally he would ensure she would receive the projected value so she could retire. Cathy has been there *.* yrs and did a good job. She retained the customers, despite her roll being diminished and no growth path forward. She received, good performance reviews and met her annual bonus KPI's. In *, she started reporting to the CEO's son, who is the associate general counsel, in his *'s married and has * children.
Hi there! It sounds like Cathy may have a potential issue related to her stock options and employment promises. To better assist you, could you clarify if Cathy has faced any recent changes or challenges in her role or compensation?
Cat worked remote in Tampa, FL and is protected under Florida law, the son of the CEO works in Pennsylvania about an hour north of Philly. With that said, she was under constant duress and fear of losing her job and was just trying to make it to when her stock options vested and a sale occurred. Well on Tuesday last week */*/*, she was terminated by the HR manager, despite her close connection with the CEO who she worked directly for up until *. HR manager initially said she was being terminated as work for reduction, but then said it was also cause. Cat was upset given her performance despite the continued advances and duress of possibly losing her job.
Case Rating: *
It sounds like Cathy may have a strong case for wrongful termination, sexual harassment, and breach of employment promises. Would you like to be connected to local lawyers who can better assist you with your case? If so, I need to gather some details.
Could you please provide your phone number?
Can you review the document I sent?
Case Rating: *
Cathy's case has several strong elements, including potential wrongful termination, sexual harassment, and breach of employment promises. It is likely beneficial for her to consult with a local attorney.
Would you like to be connected to local lawyers who can better assist you with your case? If so, I need to gather some details.
Can you provide your phone number?
She does not want an attorney involved at this moment... She wants to reach a fair settlement. However, she is at the point where a letter like this is needed.
Case Rating: *
It sounds like Cathy has a strong case involving wrongful termination, sexual harassment, and breach of employment promises. While she may not want an attorney involved at the moment, drafting a well-structured demand letter could be beneficial.
Here are some key points to include in the letter:
- Employment Background: Outline Cathy's role, achievements, and the promises made regarding her stock options.
- Harassment Details: Detail the inappropriate behavior, including copies of text messages and the recorded phone call.
- Termination Circumstances: Describe the termination event, including the reasons given and the timing.
- Demands: Clearly state what Cathy is seeking in terms of a settlement (e.g., compensation for the stock options, damages for harassment, etc.).
Would you like more specific guidance on drafting this letter?
I attached an email demand notice. can you review and advise if this is too strong?
Case Rating: *
It seems Cathy has a significant case involving wrongful termination, sexual harassment, and breach of employment promises. While I cannot review documents directly, here are some tips to ensure your email demand notice is strong but not too aggressive:
- Professional Tone: Stay professional and respectful.
- Clear Facts: Present the facts clearly and concisely.
- Specific Demands: Specify the compensation or actions you are seeking.
- Evidence: Mention that you have evidence (texts, recordings) without including them in the initial email.
- Deadline: Set a reasonable deadline for a response.
Would you like to be connected to local lawyers who can better assist you with your case? If so, I need to gather some details.