Counsel at Sidley Austin on Tuesday removed a securities lawsuit against Signavio Inc. to California Central District Court. The suit was filed by Dorsey & Whitney on behalf of former Signavio senior VP Alexandre Wentzo, who alleges that his shares in the company were forfeited shortly before an acquisition by SAP SE, which would have led to a $12 million payout. Wentzo contends that the company did this by forcing him to resign after his request to work remotely from France amid COVID-19 had been denied. The case is in 2:21-cv-09968, Wentzo v. Signavio Inc. et al.
California
December 28, 2021, 5:42 PM