Legal Question in Employment Law in Massachusetts
Misrepresentation of conditions of employment
In October of 1999 during a conversation with
the CTO of a small startup firm regarding employment
with that firm, statements were made by the CTO
to the effect; ''We [the initial n
'founders'/employees] are assuming the same risks,
and should start on the same page with the same
package and should benefeit equally.'' He then went
on to verbally offer a salary and equity package
that, given his statements, I had interpreted to
be the same salary and equity package offered to
each of the other n founders/employees.
I agreed with this statement and it weighed heavily
in my decision to leave my then current employment and to accept the ensuing written offer
and contract of employment with this firm.
In time, through conversations and from documentation
made available to myself, it became clear that
the CTO's statements were not entirely true.
In fact, neither salary nor equity packages given
to me are in-line with the other 'employees' who are considered founders.
My question is essentially; is there legal recourse
available to me in the event this situation is not
resolved to my satisfaction? Are there any precedent's
for this type of 'verbal' agreement.
1 Answer from Attorneys
Re: Misrepresentation of conditions of employment
Here's where I see your problem lies: your state that there was ultimately a written offer and a written contract. If the offer and/or the contract do not mention the specific terms that you believe you were entitled to, chances are, you don't have a leg to stand on. Check your documents, and go from there.