D’Ambrosio Brown Obtains Favorable Result for Shareholder of a Major Health Services Company
Representing a shareholder and high level executive in a major health services company, D’Ambrosio Brown Attorneys obtained a favorable settlement, including reimbursement of attorney’s fees, to resolve the wrongful withholding of its client’s severance payments by his former employer. The shareholder was unreasonably forced out of the company and a separation agreement was reached resulting in our client’s release of legal claims and damages. However, the company withheld a number of six figure severance payments. D’Ambrosio Brown Attorneys filed suit in the United States District Court for the District of Delaware to enforce the shareholder’s rights. Shortly after filing the lawsuit, D’Ambrosio Brown Attorneys negotiated and obtained a favorable settlement for the shareholder, including immediate payment of the outstanding severance proceeds and reimbursement of the client’s attorney’s fees in connection with the lawsuit.