California
A Wall Street firm wants to collect a $4 million breakup fee from a banker who never started his job. Judges will soon rule if that's legal.
A California appeals court will soon rule on whether Jefferies can demand a $4 million breakup fee from a banker who backed out of working there.
Jefferies inserted a $4 million break-up fee in an offer contract and wants it to be paid.Epic Cure/Shutterstock
- Jefferies included a $4 million break-up fee in an offer letter to a banker.<… [+2340 chars]
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