The employment contract protected plaintiff's stock options from dilution prior to exercise; he is not entitled to a continuing and undiluted 5 percent interest in the company's stock.
December 01, 2010 at 12:00 AM
1 minute read
Ciolino v. Ameriquest Transportation Services Inc., No. 09-1324; U.S. District Court (DNJ); opinion by Irenas, S.U.S.D.J.; filed November 22, 2010. DDS No. 25-7-0158 [13 pp.]
Plaintiff Joseph Ciolino claims that defendant Ameriquest Transportation Services Inc. violated the terms of his employment contract by diluting his ownership interest in Ameriquest.
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