The ‘Carl Icahn Strategy’ of Purging Employees Leads a Xerox Executive to Sue Over His Ouster.

jim · 2023-02-06T15:34:12-05:00

In a 26-page complaint, Robert Zapfel accuses the Norwalk, Connecticut-based technology company of failing to deliver on severance benefits totaling at least $15 million, which he claims were triggered under a "change in control" provision when majority shareholder Icahn reorganized the company. The case is Robert Zapfel v. Xerox Corp., case number 650622/2023, in the Supreme Court of the State of New York, County of New York. Click photo to read more.

Tonernews.com, February 6, 2023. USA

This topic is empty.

Viewing 1 post (of 1 total)

Author

Posts
#389053

jim
Keymaster

In a 26-page complaint, Robert Zapfel accuses the Norwalk, Connecticut-based technology company of failing to deliver on severance benefits totaling at least $15 million, which he claims were triggered under a “change in control” provision when majority shareholder Icahn reorganized the company. The case is Robert Zapfel v. Xerox Corp., case number 650622/2023, in the Supreme Court of the State of New York, County of New York.
Click photo to read more.
Author

February 6, 2023 at 3:34 PM

Viewing 1 post (of 1 total)

You must be logged in to reply to this topic.

The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty, or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action based on the content on our site.