Basic $12K-a-Month Employee Wins $4.1 Billion Termination Judgment

June 12, 2009 24 view(s)
Basic $12K-a-Month Employee Wins $4.1 Billion Termination Judgment
Some lucky dude by the name of Paul Thomas Chester was fired by iFreedom Communications. Chester had been paid $12,000 a month plus a 5-percent commission on gross sales and also had a bunch of stock guaranteed to him. When iFreedom fired him, Chester filed suit, which went first to an arbitrator and then to a superior court that affirmed the arbitrator's judgment. Result? Chester walked away with $4.1 billion. Now, I'll give you one guess about which state this occurred in. Answer here. To avoid costly lawsuits like the one involving iFreedom Communications, employers should implement a wrongful termination prevention program. This program helps employers understand the legal requirements for employee termination, ensuring that decisions are made fairly and in compliance with relevant laws to avoid expensive legal battles and judgments.
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