In todays's economic climate, when outsourcing
is rampant, competition is fierce and jobs that used to proliferate
are becoming harder and harder to find, employees often need help.
The law firm of Richard Stelnik, Esq. represents employees who have
been (a) wrongfully discharged from employment, (b) wrongfully denied
wages and (c) wrongfully denied employee stock options.
Cases handled by the firm involving employment issues have received
considerable media attention. For example, cases handled by the
firm involving employee stock options have been discussed in The
National Law Journal, TheStreet.com, the Securities Law Daily, and
the Pension & Benefits Daily. A case handled by the firm involving
an employee's right to certain employee medical benefits was cited
in a brief submitted to the Supreme Court of the United States.
Wrongful Discharge
Employees who have been discharged from their job often believe
they have been discharged unjustly. The employee's rights upon discharge
will depend upon their particular factual circumstance. For example,
if there is a written contract, the written contract may govern
the employee's rights upon discharge. Other factors may also be
taken into consideration, depending upon the circumstance, such
as, for example, whether there were promises made by management
in employee manuals, or whether management illegally discriminated
against the employee.
Wage-Hour Cases
While many companies are leaving the United States and going to
low wage countries, the companies that remain in the United States
are under increasing pressure to reduce their expenses in order
to maintain a competitive advantage. Sometimes, while attempting
to reduce expenses, companies violate applicable employment laws.
For example, large corporations have recently lost cases in court
in which they were accused of not paying their employees for all
the hours worked by them, for overtime, or the minimum wage. This
type of conduct not only harms employees but it also gives the companies
who have underpaid their employees an unfair competitive advantage
in the marketplace.
Employee Stock Options
Employee stock options garnered a lot of public attention during
the internet stock boom which ended several years ago. There is
now a public debate about the utility of stock options. Some people
contend that they create false illusions of profit on corporate
books. Others contend that employee stock options serve the purpose
of encouraging the growth of start-up companies by enabling start-up
companies to pay their employees a lower wage while at the same
time more closely aligning the employees interests with those of
management. The firm has represented employees in leading edge stock
option litigation, which as set forth above, has been discussed
in many publications.
If you believe you have been wrongfully discharged or wrongfully
denied wages or employee stock options, give the law firm of Richard
Stelnik, Esq. a call at 212-964-6430 or contact us via the Online
Contact Form to arrange for a consultation.