Firm Resolves Executive Benefit Claim for More than $6.95 Million

Partner Doug Varga recently resolved claims seeking severance benefits under an employment agreement for an amount in excess of $6.95 million. Our client, a former senior executive of a Fortune 500 company, worked for the company for over 26 years and became entitled to the benefits when it was sold. The firm commenced an arbitration proceeding after the acquiring entity refused to pay the contractual benefits. Before the hearing on our client’s claims, Attorney Varga achieved the favorable settlement.