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Home / Opinion Digests / Employment Law / Unvested Shares Not Wages for Fired Employee (access required)

Unvested Shares Not Wages for Fired Employee (access required)

Maryland’s Wage Payment and Collection Law is not a fundamental public policy of that state, and the 4th Circuit says plaintiff, a Maryland employee, may not avoid a New Jersey choice-of-law provision in her company’s long-term profit sharing plan in order to collect for unvested shares she earned under the plan prior to her termination. The ...

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