Legal Jobs Websites - the best Legal Jobs | Attorney Jobs | Lawyer Jobs | Legal Career Opportunities

Posts from ‘July, 2011’

GC Didn’t Split Stock Options With Ex-Wife, but That Wasn’t Contempt

The general counsel of LoJack Corp. has beaten a contempt judgment, but
he still must kick in additional alimony to his ex-wife for money he
made in company stock. In a matter of first impression, the Appeals
Court of Massachusetts found on Tuesday that Thomas A. Wooters, top
in-house counsel for the anti-auto theft company, ran afoul of a divorce
judgment when he failed to pay his ex-wife’s portion of the $1.2 million
that he made from exercising his stock options.