Unvested Shares Not Wages for Fired Employee 
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Published: January 9, 2012
Tags: 4th U.S. Circuit Court of Appeals, Employment, Judge Roger L. Gregory
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.
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