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 pay-out. 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.
This suit was surfaced by Law.com Radar, a source for high-speed legal news and litigation updates personalized to your practice. Law.com Radar publishes daily updates on just-filed federal cases like this one. Click here to get started and be first to know about new suits in your region, practice area or client sector.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]
