Class Action Lawsuit Time

Discussion in 'Shire' started by Anonymous, Aug 22, 2014 at 12:39 AM.

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  1. Anonymous

    Anonymous Guest

    The release of the severance information today and the elimination of the Change of Control payouts seems ripe for a Class Action Suit by employees. If you were hired since last September when that policy was revised and published, or changed roles as a result of One Shire since that policy went into effect and signed a new offer letter or job description, a claim can be made that you accepted employment based on the existing, documented Shire severance and Change of Control policies. Speak to a lawyer. While specifications can vary by state, Shire's publication of this policy is an "implied contract" with employees that can be enforced in the courts.
     

  2. Anonymous

    Anonymous Guest

    For most, Its at-will employment unless youre a big wig and sign a contract. your best chance with this would be to land a judge whos sympathetic to employees of companies who invert.
     
  3. Anonymous

    Anonymous Guest

    It's at will but you are right you can still win on this. The problem is, those that benefit most under the change of control policy are those that have been with shire well before September of last year. The big wigs are on a contract, like Flemming Perry and Kathy. This policy was put into place to protect them. They came over to the company in order to get it purchased. They have stock and severance plans in place to financially benefit from this merger. This is not the first time they have been through this. Congrats to them.
     
  4. Anonymous

    Anonymous Guest

    Good luck with winning. Even if you do, the lawyers will take most of it.
    It will take years, all for two weeks pay?
     
  5. Anonymous

    Anonymous Guest

    Hardly two weeks pay. Try 12 weeks minimum/2weeks per week PLUS your severance.
     
  6. Anonymous

    Anonymous Guest

    Good luck with that. AbbVie and Abbott have been through this before. They have won each and everytime.
     
  7. Anonymous

    Anonymous Guest

    law suit would be against Shire not Abbvie.
     
  8. Anonymous

    Anonymous Guest

    AbbVie will own Shire and all lawsuits. Good luck.
     
  9. Anonymous

    Anonymous Guest

    You really are an obtuse rep.
     
  10. Anonymous

    Anonymous Guest

    Nice "Shawshank" reference...
     
  11. Anonymous

    Anonymous Guest

    Andy went through 5 football fields of what I can't even imagine.