Legal Question in Civil Litigation in North Carolina
I was verbally promised a 5% stake in my company that would be vested at 5 years. This stake was always brought up in lieu of raises. I was let go after 8 1/2 years and told nothing would come of stake. Do I have grounds to sue for what was promised?
Asked on 7/12/17, 12:56 pm
2 Answers from Attorneys
Kenneth Love
Ken Love Law
Yes, but you will have to prove these promises. As raises are not a requirement, you will have to have some evidence of this promise of 5% when they claim the promise was never made.
Answered on 7/12/17, 12:58 pm
Sure if you can prove that the verbal 'promise' amounted to an enforceable contract. That's likely not gonna happen though but possibly worth consulting with a local attorney just to be sure.
Answered on 7/12/17, 1:29 pm
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