Securities Employee Bonus Plan Disputes
In the securities industry, it is common for employees to receive a compensation package that includes both a base salary and a bonus compensation package. A bonus package is comprised of a substantial portion of their compensation. This type of pay structure is also known as incentive or discretionary compensation.
What is a Bonus Dispute?
When a securities professional resigns or is terminated, an employer may refuse to honor the bonus compensation or agree to pay only a reduced amount of the agreed-upon bonus. Oftentimes, the reasons given by the employer are unrelated to the employee’s performance, but alleged to fall within the firm’s “discretion.” Your employer may also eliminate unvested stock or pressure you into taking reduced compensation immediately as a part of your severance. Further, your employer may withhold earned retirement funds as well. As a result, your employer’s denial may be unjustified.
Who Do We Help?
Our firm helps the following types of financial professionals, including:
- Stock and Options traders
- Investment Bankers
- Commodities and Futures traders
- Bond traders
- Currency traders
- Derivative traders
- Research Analysts
- Hedge Fund Managers
When you are denied your bonus, you have several options, including the option to sue your former employer. The attorneys at Dimond Kaplan & Rothstein, P.A. have helped recover more than $100 million from some of the largest banks and brokerage firms in the world, and we can help you pursue your unpaid bonus claim against your former employer. Contact us to schedule an appointment or consultation today.
