Federal Judge Finds Stock Options Expired Under Employment Contract
Mealey's (December 1, 2015, 1:09 PM EST) -- SAN JOSE, Calif. — A California federal judge on Nov. 20 granted summary judgment for an employer on claims of breach of contract and violation of California's unfair competition law (UCL), finding that a one-year expiration date provision in a former's employee's contract applied to her stock options (Soonhee Jang v. Dupont E.I. De Nemours & Co., No. 15-cv-03719, N.D. Calif.; 2015 U.S. Dist. LEXIS 158180).
(Opinion available. Document #58-151215-004Z.)
Soonhee Jang worked for DuPont Industrial Biosciences in Palo Alto, Calif. As part of...