Rosen v. Smith Barney, Inc.

How courts have described this case

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

• holding that a vesting provision of a stock plan was allowable under a similar wage law because the employee knew both the potential risks of forfeiture and benefits of participation before voluntarily agreeing to the plan
• underscoring the NJWPL’s aim of safeguarding the right of employees to receive their earned wages in full and without improper reduction
• no statutory violation when “[w]ithout question, the [capital accumulation plan] terms were fully disclosed and plaintiffs’ participation was pursuant to a written agreement”
• “Although the Wage law does not include a legislative statement of intent, its enactment leads to the conclusion that the statute was designed to protect employees’ wages and to guarantee receipt of the fruits of their labor.”

Source: CourtListener parenthetical corpus (CC0).