Legal Question in Employment Law in California

I am a Financial Advisor with Edward Jones Investments and I am about to leave them for a different firm. In my contract with Edward Jones I have signed a contract that indicates I have to pay back 75000 in training fee if I leave Edward Jones within 3 years of my employment. I like to know if this Missouri law can be enforced in California since I am a CA resident. Can they come after me asking for 75000 training fees? Thank you


Asked on 9/04/10, 6:18 pm

2 Answers from Attorneys

Daniel Bakondi The Law Office of Daniel Bakondi

You may have some options.

Best,

Daniel Bakondi, Esq.

[email protected]

415-450-0424

The Law Office of Daniel Bakondi, APLC

870 Market Street, Suite 1161

San Francisco CA 94102

http://www.danielbakondi.com

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Answered on 9/09/10, 7:45 pm
Arkady Itkin Law Office of Arkady Itkin

Hello,

Having dealt with this issue several times in the past, I found that first, approaching employer and talking about this in a civil, non-confrontational manner and discussing how you can separate on terms where you don't have to repay is a better start. This can be done directly or through a competent attorney.

Thank you.

Arkady Itkin

San Francisco / Sacramento Employment Lawyer

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Answered on 9/10/10, 12:03 pm


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