Know Your Severance Rights And Conditions
Severance agreements are essentially contracts covering an employee’s separation from employment. Although not required by law, many employers offer their employees severance agreements as a means of ensuring an amicable end to the employee’s employment. An employer can offer an employee a severance agreement either at the beginning or at the end of an employee’s employment. For highly compensated employees, many employers will offer severance agreements to a prospective employee during the hiring process as means of enticing the employee to accept employment with the company.
Most severance agreements are very detailed and contain substantial legal language. Nearly all severance agreements will contain “release language,” which is language that will inhibit an employee from suing the employer if he or she accepts the severance. Severance agreements will often have many important legal clauses such as non-compete clauses, non-solicitation clauses, non-disparagement clauses, and confidentiality clauses. It is important to have your severance agreement carefully reviewed so you understand all of your post-employment rights and obligations.
$10.2 Million Severance Agreement Upheld – Dahua Technology
The U.S. District Court for the District of Massachusetts has refused to reform a severance agreement entitling former executive to a $10.2 million severance payment,
Class Certification of Unpaid Wage and Overtime Claims Granted
The U.S. District Court for the District of Massachusetts has granted class certification of claims for unpaid straight time and overtime wages brought by construction/drywall
Failed to Pay Employee Overtime Compensation
On March 7, 2024, Attorney Shafran filed suit against an antique and art moving and storage company and its owner alleging that it failed to