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Home / Verdicts & Settlements / Former DynCorp employee entitled to full retention payment – $5,081,622 Verdict (access required)

Former DynCorp employee entitled to full retention payment – $5,081,622 Verdict (access required)

Phoenix Consulting Group was bought by DynCorp in October 2009. The owner of Phoenix Consulting Group wanted to give a large bonus from the proceeds of the sale to the president of Phoenix, Col. Gerald York. DynCorp required the owner to provide most of the bonus in the form of a retention agreement to ensure ...