termination payments

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Tellis v. Alaska Airlines, Inc., 414 F.3d 1045 (9th Cir. 2005)

H. Charles Tellis was terminated from his job as an Alaska Airlines maintenance mechanic when he took an unexcused leave of absence from work to fly from Seattle to Atlanta in order to retrieve one of the family’s automobiles, which he then drove back to Seattle. Tellis contended that his trip to Atlanta…

Fontani v. Wells Fargo Investments, LLC, 129 Cal. App. 4th 719 (2005)

Wells Fargo terminated Marco Fontani, one of its NASDregistered broker-dealers. Following Fontani’s termination, Wells Fargo filed a Form U-5 with the NASD, stating that Fontani had been terminated “for violation of company policies by misrepresenting information in the sale of annuities, not being properly registered and firm procedures regarding annuity applications.” Fontani…

SEC v. Gemstar-TV Guide Int’l, 401 F.3d 1031 (9th Cir. 2005) (en banc)

As part of its announced plans to restructure its management and corporate governance, Gemstar-TV Guide entered into negotiations for termination agreements with its CEO and CFO. The CEO’s termination agreement provided for a “termination fee” of $22.45 million, an additional $7.03 million in unpaid salary, bonuses, and unused vacation and millions…

SEC v. Gemstar-TV Guide Int’l, 367 F.3d 1087 (9th Cir. 2004)

As part of its announced plans to restructure its management and corporate governance, Gemstar-TV Guide entered into negotiations for termination agreements with its CEO and CFO. The CEO’s termination agreement provided for a “termination fee” of $22.45 million, an additional $7.03 million in unpaid salary, bonuses, and unused vacation and millions of shares…