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Fidelity Hit With Excessive Compensation Suit in Chancery

Fidelity Hit With Excessive Compensation Suit in Chancery

The complaint claims that Fidelity’s lack of restrictions on the board’s ability to award compensation allowed chairman William Foley and nine non-employee directors to be overcompensated. The case has been assigned to Vice Chancellor Lori W....
State High Court Refines Reach of Noncompete Law

State High Court Refines Reach of Noncompete Law

In his opinion, Judge Serge Georges Jr. said Massachusetts employers can enforce the forfeiture of severance payments, or other conditions, when an individual violates a nonsolicitation agreement or other restrictive covenants.       In his opinion, Judge Serge...