Credit: Looker_Studio/Adobe Stock In $2M Stock Dispute, Pa. Superior Court Adopts Fed Court Reasoning on Whether Stock Options Constitute Wages
"We hold that [Toppy] states a valid claim under the WPCL for [Passage Bio]'s refusal to pay the stock shares," Stabile said.
November 17, 2022 at 02:56 PM
4 minute read
Stock is considered a "fringe benefit" under Pennsylvania's Wage Payment Collection Law (WPCL), the state Superior Court has ruled in a decision stemming from an employment dispute valued at $2 million.
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