Davis Malm attorneys Gary Feldman and Laurie Alexander-Krom prevailed in a Financial Industry Regulatory Authority (FINRA) arbitration on behalf of an investment banker client disputing an unpaid bonus following his termination. Our client, an investment banker employed at Cowen and Company in Boston, initiated a FINRA arbitration proceeding seeking payment of his earned bonus for 2008. In February 2009, our client was terminated in a reduction in force of approximately 16 other employees. Cowen and Company refused to pay our client his bonus for 2008, claiming that he was no longer an employee when the 2008 bonuses were paid approximately two weeks after his termination. Following a two-day arbitration hearing before a FINRA panel in Boston, our client was awarded 100% of his bonus claim, $145,000.

For more information contact: Joanne Thorud; (617) 589-3894; jthorud@davismalm.com

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