Employment Law

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Related Employment Law Questions
Thank goodness a human face...I have concerns about the
thank goodness a human face...I have concerns about the administrator for an employee stock ownership plan for a company that I'm worried may not be "keeping good records for the ESOP" do you take car… read more
Legal Eagle
Legal Eagle
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Doctoral Degree
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Thee tax money that a company does not pay because they are
thee tax money that a company does not pay because they are an esop and is not distributed to the employs where does it go… read more
Law Educator, Esq.
Law Educator, Esq.
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I am an employee of a major architect, Engineering and
I am an employee of a major architect, Engineering and Construction Management Firm and participates in the ESOP. I am 100% vested in the company. What rights do I have regarding position over new hir… read more
Asad Rahman
Asad Rahman
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J.D.
2,611 satisfied customers
I was part of an esop program with STS tire and auto in nj.
I was part of an esop program with STS tire and auto in nj. i left the company january 2nd, they have been recently bought out by mavis tire and are ending the esop program. I received a letter in the… read more
INFOLAWYER
INFOLAWYER
Partner
Doctoral Degree
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Hi Zachary - I started a job about 2.5 years ago. In the agreed
Hi Zachary - I started a job about 2.5 years ago. In the agreed offer letter there is a clause stating I will be part of an ESOP. The ESOP was halted prior to me starting, but the letter states it wou… read more
TexLaw
TexLaw
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Post-Doctoral Degree
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Our company president is at retirement age and is 100% owner
Our company president is at retirement age and is 100% owner of the S-Corp. He wants to adopt an ESOP in a few months, appoint himself as the trustee, and sell 80% of the company to the ESOP. He wants… read more
Loren
Loren
38,168 satisfied customers
A fully vested ESOP employee is temporarily transferred to
A fully vested ESOP employee is temporarily transferred to the payroll of a joint venture partner for the purpose of Visa compliance, how can the USA based company still make a contribution to his ESO… read more
socrateaser
socrateaser
35,983 satisfied customers
I have an ESOP stock in the company I was with for 14yrs.
I have an ESOP stock in the company I was with for 14yrs. I was reseltly terminate due to health issuse causing me to mis alot of work. I was told by them that I could not get those funds until June o… read more
Attorney Wayne
Attorney Wayne
Attorney-at-Law
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I AM 100% VESTED IN AN E.S.O.P. I WAS TERMINATED ONE YEAR AGO
I AM 100% VESTED IN AN E.S.O.P. I WAS TERMINATED ONE YEAR AGO HOW CAN I CASH OUT MY STOCKS?… read more
Law Educator, Esq.
Law Educator, Esq.
Attorney
132,653 satisfied customers
I am a 58 year old white collar IT excutive employed as a Exec
I am a 58 year old white collar IT excutive employed as a Exec Dir/VP. I was informed today that my position is closed and a separation agreement was presented to me. I did not receive any offical let… read more
Tina
Tina
Attorney and Counselor at Law, Mediator
Doctoral Degree
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1. Is it legal in Calif to provide stock options in lieu of all paid compensation (3 1/2
1. Is it legal in Calif to provide stock options in lieu of all paid compensation (3 1/2 years)and what are the remedies to the employee if he has been fired? 2. Is it then legal to enforce the 90 day… read more
INFOLAWYER
INFOLAWYER
Partner
Doctoral Degree
64,541 satisfied customers
I was laid off on January 8, 2010, my 11th year as a participant
I was laid off on January 8, 2010, my 11th year as a participant in my company's ESOP. In June 2010, I elected to diversify 25% of my shares as a cash distribution, in accordance with the Tax Reform A… read more
Law Educator, Esq.
Law Educator, Esq.
Attorney
132,653 satisfied customers
I have been employed with my company for over 33 yrs. starting
I have been employed with my company for over 33 yrs. starting in 1977. We became an ESOP about 1982 eventually becoming 100% employee owned. About 8 years ago we had an administration change. Now our… read more
Marsha411JD
Marsha411JD
Lawyer
Doctoral Degree
12,620 satisfied customers
I have ESOP money owed to me. I was called yesterday to say
I have ESOP money owed to me. I was called yesterday to say my former employer has decided to buy it back. They are going to automatically dump it into a 401K account they still had open for me under … read more
Loren
Loren
38,168 satisfied customers
ESOP - My company of 10 plus years which I was 100% vested
ESOP - My company of 10 plus years which I was 100% vested in their ESOP program recently sold the part of their company which I was employed to a competitor recently. I am told I cannot even start to… read more
Marsha411JD
Marsha411JD
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Doctoral Degree
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I am an employee of a small busines with an ESOP. To fund
I am an employee of a small busines with an ESOP. To fund the repurchase obligations of the ESOP (in the event of an employee death), I am being asked to fill out a life insurance application. Do I ha… read more
Law Educator, Esq.
Law Educator, Esq.
Attorney
132,653 satisfied customers
Over the past 5 years, I have earned and been awarded 18,000
Over the past 5 years, I have earned and been awarded 18,000 NSO Stock Options from my employer. These occurred in 14 various sized blocks of stocks staggered over the past five years. Most of these s… read more
Cedric
Cedric
Attorney at Law
Doctoral Degree
2,088 satisfied customers
my mother worked for a company for 23 years she one day quit
my mother worked for a company for 23 years she one day quit her job last year do to heavy stress she became permanetly disabled the following month she owns stock (ESOP) and they refused to buy her o… read more
Cedric
Cedric
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Doctoral Degree
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DISCLAIMER: Answers from Experts on JustAnswer are not substitutes for the advice of an attorney. JustAnswer is a public forum and questions and responses are not private or confidential or protected by the attorney-client privilege. The Expert above is not your attorney, and the response above is not legal advice. You should not read this response to propose specific action or address specific circumstances, but only to give you a sense of general principles of law that might affect the situation you describe. Application of these general principles to particular circumstances must be done by a lawyer who has spoken with you in confidence, learned all relevant information, and explored various options. Before acting on these general principles, you should hire a lawyer licensed to practice law in the jurisdiction to which your question pertains.

The responses above are from individual Experts, not JustAnswer. The site and services are provided “as is”. To view the verified credential of an Expert, click on the “Verified” symbol in the Expert’s profile. This site is not for emergency questions which should be directed immediately by telephone or in-person to qualified professionals. Please carefully read the Terms of Service (last updated February 8, 2012).

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