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· 9/29/2006

Kim v. Citigroup, Inc.

Citations

  • 856 N.E.2d 639
  • 368 Ill. App. 3d 298
  • 305 Ill. Dec. 834

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

  • holding that the “CAP stock was compensation and, therefore, governed by the Wage Act based upon the plain language of the election agreement”
  • holding that a similar wage statute is not violated when an employee voluntarily invests wages in a stock plan with a vesting period and voluntarily forfeits the unvested portion of the stock
  • holding that a similar wage statute is not violated when an employee voluntarily invests wages in a stock plan with a vesting period and voluntarily forfeits the unvested portion of the stock
  • finding that the state wage act was not violated
  • “The retained amounts included approximately $18,386 of earned wages which had been paid to Kim in the form of the CAP stock.”

Source: CourtListener parenthetical corpus (CC0).

Judges: South

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Sourced from CourtListener / Free Law Project (CC0).

This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.