Legal Question in Employment Law in Georgia

I work for an American publicly listed corporation. I would like to know if the distribution of equity awards(stock options and restricted stock) are subject to fairness from a legal standpoint. Is a company obligated to disclose to its employees the distribution methodology(who is eligible and the criteria for who is granted the award).


Asked on 4/07/10, 11:50 pm

1 Answer from Attorneys
Scott Riddle Law Office of Scott B. Riddle, LLC

Generally no, unless you have a contract stating otherwise or there is a company policy stating otherwise. There is no general right or entitlement to "fair," or to get options, stock, bonuses, severance, etc.

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Answered on 4/13/10, 4:38 am


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