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FINRA Arbitration Panel In New York Awards $715,000 Unpaid Bonus To Former Barclays Investment Banker

In October 2010, an arbitration panel of the Financial Industry Regulatory Authority, Inc. ("FINRA") in New York awarded compensatory damages of $715,000, plus interest and costs, to an investment banker, formerly employed by respondent Barclays Capital Inc. ("Barclays"), for...

You Can Take My Word For It....At Least For Now

In Klein v. HP Pelzer Automotive Systems, Inc. , the Michigan court of appeals reversed the lower court's grant of summary disposition on the claim that the employer breached an express contract to pay severance [a n enhanced version of this opinion is available to lexis.com subscribers] . It vacated...