Brownstein Trial Victory Provides Executive Compensation Plan Guidance

Brownstein Hyatt Farber Schreck attorneys and their client recently scored another trial victory. The outcome provides lessons for Brownstein’s clients that utilize variable compensation plans for their executives.

Brownstein’s trial attorneys represented a large financial services firm that was sued by one of its sales executives. The executive sought to recover seven figures of variable compensation which he alleged he was owed under the client’s written variable compensation plan (“VCP”).

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Topics:  Clawbacks, Executive Compensation, Incentive Compensation

Published In: Alternative Dispute Resolution (ADR) Updates, General Business Updates, Finance & Banking Updates, Labor & Employment Updates

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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