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Highly paid salespersons on Wall Street typically are paid a substantial percentage of their yearly compensation in commissions. A commission is compensation based on a percentage of the dollar amount of the salesperson’s orders or sales. If you would like more information, contact our Manhattan, NYC Unpaid Commissions Lawyer for help. Under state and federal law, the failure of your…Read More

Periodically, your business in Manhattan, NY will want or need to terminate a worker’s or workers’ employment. Beginning well before such terminations, and throughout the working relationship, your company in Manhattan must manage workers’ performance and misconduct in a manner that is likely to lessen the risk of lawsuits for wrongful termination. So, too, your business in Manhattan must address employees’ performance and…Read More

On April 12, 2018, New York State Governor Andrew M. Cuomo signed, into law, a state budget for the 2018-2019 fiscal year, N.Y. State Senate Bill No. S07507C, N.Y. State Assembly Bill No. A09507-C (“the Act” or “the new law”). The Act includes a provision, Part KK, aimed at preventing sexual harassment in the workplace. Among other things, the Act requires employers in…Read More

On May 9, 2018, the New York City Mayor Bill de Blasio signed, into law, the Stop Sexual Harassment in NYC Act, Local Laws 92, 93, 94, 95, 96, 97, 98, 99, 100, 101 and 102 (the “NYCSSHA” or the “Act”), a group of eleven bills intended to prevent sexual harassment in the workplace. Among other things, the Act requires most nongovernmental employers in Manhattan, NYC to conduct annual anti-sexual harassment training…Read More

On January 18, 2018, the New York City Local Law 59 of 2018 (“Local Law 59” or the “new Law”) became law. Effective October 15, 2018, Local Law 59 of 2018 amends the New York City Human Rights Law, N.Y.C. Admin. Code §§ 8-101 – 8-131 (the “City Human Rights Law” or the “NYCHRL”), by creating an independent cause of action, for monetary…Read More

On November 20, 2017, in Chauca v. Abraham, an employment discrimination case, the Manhattan Court of Appeals, New York State’s court of last resort, held that, under the New York City Human Rights Law, N.Y. City Admin. Code §§ 8-101 – 8-131 (the “City Human Rights Law” or “NYCHRL”), “a plaintiff is entitled to punitive damages where the wrongdoer’s actions amount…Read More

On November 6, 2017, the New York City Mayor Bill de Blasio signed into law a bill, Local Law 199 of 2017 (“Local Law 199” or the “new law”) which amends the New York Earned Sick Time Act, N.Y.C. Admin. §§ 20-911 – 20-924 (the “Earned Sick Time Act” or “NYCESTA”), to provide that, effective May 5, 2018, employers in…Read More

In New York State, the elements of the tort of interference with contract are "[1] the existence of [a] valid contract with a third party, [2] defendant’s knowledge of that contract, [3] defendant’s intentional and improper procuring of a breach, and [4] damages."  White Plains Coat & Apron Co. v. Cintas Corp., 8 N.Y.3d 422, 426, 867 N.E.2d 381, 835…Read More

In 2016, New York State enacted a bill, N.Y. State Senate Bill No. 3004-A, N.Y. State Assembly Bill No. A. 3870A (the “paid family leave law”) which, effective January 1, 2018, requires all private employers in New York State and many public employers in New York State to allow employees to take, and to return to their jobs after taking, as much as twelve…Read More

FINRA Declines To Fine, Suspend Or Disbar Registered Representative In Manhattan Who Falsely Told Her Brokerage Firm That She Had Passed Or Taken A Securities License Examination Recently, I was approached by an anti-money laundering associate (“the associate” or “my associate client”) who — while her brokerage firm in Manhattan was conducting an internal investigation of her for falsely telling…Read More