SPIF Funds?

Discussion in 'Depomed' started by anonymous, Feb 15, 2018 at 6:40 AM.

Tags: Add Tags
  1. anonymous

    anonymous Guest


    That’s a stretch- but good luck to you.
     

  2. anonymous

    anonymous Guest

    If you were a half way decent sales rep or had half a brain you’d have forsight that this was coming and had other opportunities lined up.

    But you didn’t so now you’re crying over petty cash.

    Get. Over. It.

    Signed,
    Got my direct deposit and started the next day ✌
     
  3. anonymous

    anonymous Guest

    It’s probably not a stretch when 22 court filings representing 16 different states come down on the same day that has now found more evidential wrongdoings than what was initially sought after. Like the op said, Depomed should have just paid everybody. This thing is going to be ugly.
     
  4. anonymous

    anonymous Guest

    The "change in control" argument is spurious at best. The intention behind the action will be construed just as it was - to protect employees in the event that Horizon or someone else does a hostile takeover and cans all the Salesforce.

    Listen - I'm already in a new position, so I don't have a dog anymore in this fight. I've been involved with ambulance chaser-type lawyers, and they're very good at making you believe the crap they say. I'm sure they're posting on this thread as well.

    Don't waste your life chasing something that at its optimal result will only give you a few more $$.
     
  5. anonymous

    anonymous Guest

     
  6. anonymous

    anonymous Guest

    You no doubt have to be an active participant in this debacle. Although your argument may deter some onlookers, the articles that we have against Depomed is valid and is going forward. I’m satisfied with my new position whereas some of my colleagues are left trying to figure out how to take care of their kids and household obligations. The Time that Depomed promised AFTER the Horizon effort was still being promoted as golden parachutes to lessen turnover and retain good employees. You must have forgotten what you said Arthur on the conference call- Probably too busy trying to get sales reps to get business from opana er, oxycontin or any other inappropriate source. It’s funny how free we become to share. I guess money owed to you will do that to a person.
     
  7. anonymous

    anonymous Guest

    I've been viewing this discussion in the background, but did take the time to review the corporate charter. From what I see, the words are pretty clear regarding what would result in full vesting of options and four months of severance & benefits.

    I guess two people can look at the same words and draw vastly different conclusions. Heck, even a former President stated, "It depends on what the definition of 'is' is" Remember that classic from slick Willie?
     
  8. anonymous

    anonymous Guest

    I have been looking at this post too, but clearly there is one definition for the severance package and another definition that corporate wants us to believe, but only on 12/4 to the present. Prior to that, as one poster referenced, it was promoted, exclaimed, proclaimed, and touted as stay with us and we will take care of you, and if all else fails, you still have the golden parachute.

    The charter also states that the company has to notify the employees at least 6 months prior to changes. That didn’t happen. This cake has been sliced up in many pieces. The flavour never changed. Deception, Misrepresentation and all around Fraud occurred. Good luck with trying to force feed crap to intelligent minds.
     
  9. anonymous

    anonymous Guest

    Thank you for motivating me to do something about my circumstances.

    After sending out about a hundred resumes, numerous phone interviews and face to face interviews, I was getting ready to accept a job making $17,000 less than what I made here out of desperation. It is next to impossible to find a good fitting job in a month unless you fall into a position where a company has an immediate training class.

    Most companies don’t require employees to work during the WARN period, so you have that additional tune to devote to finding a decent position.

    I signed on with an attorney today to recover damages caused by Depomed’s failure to execute the pre-employment agreement. For once CF was helpful.

    Thank you Anonymous Posters.
     
  10. anonymous

    anonymous Guest

    CF???
     
  11. anonymous

    anonymous Guest

    cafepharma?
     
  12. anonymous

    anonymous Guest

    Yes.
     
  13. anonymous

    anonymous Guest

    Did you look at the lin on the other thread? Accord to the story, Grunenthal made the decision to change partners in US in May 2017.
     
  14. anonymous

    anonymous Guest

    There is no question about eliminating the sales force, the problem comes into play when you eliminated our money. The money that we were promised if there was an involuntary termination. The same money that was talked about over and over and over again to persuade us to stay throughout all of the changes. The money that until 12/4 we knew that we were getting because as it is written in our employee handbook/pre-employment agreement that this was put in place to give us “a peace of mind” so we can focus on selling. This is why Arthur, with his non-experienced opioid self, the board, HR, Legal and anyone who took part in this Deception is going down. You had 6 months to notify the sales team that the package was changed IN WRITING. You did not. You had 6 months to notify the sales team that the direction of the company as it related to buyout/merging was changed IN WRITING. You did not. But you sure as hell got you a new heftier payout with my money and the money of my colleagues which in fairness, you have until 3/15 to pay up. If not, the ship that you shot holes in to capsized us will be carrying you as well. There is no way around it. Criminal activity has taken place. As you have guessed, I’m another employee who is poised for this class action suit.
     
  15. anonymous

    anonymous Guest

    The article date is published in European format of Day/month/year. It was published 5 December 2017 not in May. Grunenthal is a German company.
     
  16. anonymous

    anonymous Guest

    Nice kept secret. Depomed did not own Nucynta. Partnership was revoked by the company that actually licensed Nucynta to Depomed. They chose to remove Nucynta from Depomed. Stocking issues, really? No. Change in control. Now put our damn money into our accounts. Depomed is looking more fraudulent everyday.
     
  17. anonymous

    anonymous Guest

    and just like that Depomed’secret is back on top.
     
  18. anonymous

    anonymous Guest

    Soooo Depomed never owned Nucynta. The plot thickens.
     
  19. anonymous

    anonymous Guest

    Then the fox gave the mice crumbs and they scattered away celebrating that at least they got crumbs. SPIF my azz!