Submitted by Clem_Doore t3_10gc5cj in news
Kumbackkid t1_j53k3jg wrote
Reply to comment by AintEverLucky in Jury Awards Flo Rida $82 Million in Lawsuit Against Celsius by Clem_Doore
He had bonus shares of 500,000 if they met certain numbers. They claimed they didn’t until he actually dig into it and they actually exceeded expectations
AintEverLucky t1_j53osmu wrote
did they even provide him with the original 250,000 shares? because the numbers I've seen ITT -- an $82MM award, divided by a share price of about $98 each -- tells me that they stiffed him about all of it. not just the 500,000 bonus shares
Foodwithfloyd t1_j53uaub wrote
That's correct. They essentially tried to stiff him on both the initial vest and bonus vest. No idea how anyone thought this was gonna fly
AintEverLucky t1_j540mrd wrote
> No idea how anyone thought this was gonna fly
Jesus tapdancing Christ. "Hey, you signed the deal -- how about you honor the deal?"
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