News & Results

Million-Dollar Verdict in Employment Dispute

Partner, Paul Smith, represented a company executive in an employment dispute with a major international bank resulting in a jury verdict of over $1 million.

A former company executive sought to collect reimbursement of salary, raises, and bonuses that were verbally promised by the company’s former CEO.  Royal Bank of Scotland bought a controlling interest in the company in 2008, causing a transition of the corporate culture.  Royal Bank declined to honor any promises made by the former CEO if they were not in writing.  A Texas appeals court honored a judgment requiring the company to back pay salary, severance, and bonuses to the former executive.