Under California’s Broad Definition of “Wages,” Executive-Level Employees May Be Able to Pursue Labor Code Wage Claims to Recover Unpaid Stock Grants, Bonuses, and Other Forms of Compensation
It should be well understood that an employee, including an executive, deprived of compensation promised by the employer and earned by the employee has a potential cause of action for breach of contract. But did you know that such an employee may also have a wage payment claim under applicable labor laws, particularly the California Labor Code? The consequences are…