{[ promptMessage ]}

Bookmark it

{[ promptMessage ]}

case11-3 - Thereafter Maroun started working for Wyreless...

Info iconThis preview shows page 1. Sign up to view the full content.

View Full Document Right Arrow Icon
Catherine Reeves Case 11-3 Citation Maroun v. Wyreless Sustems, INC. Supreme Court of Idaho, 2005. Facts Amkor employed Tony Y. Maroun when he accepted an offer to work for Wyreless, a start-up company. On November 20, 2000, a letter was sent from Bradley C. Robinson, president of Wyreless, to Maroun setting forth the terms of their employment agreement. The agreement included annual salary of $300,000, $300,000 bonus for successful organization of Wyreless Systems, Inc., and 15% of the issued equity in Wyreless Systems, Inc. Also included was the equity and “organization bonus” will need to be tied to agreeable milestones, full medical benefits, the position of Chief Executive Officer, President and a position on the Board, and bonuses and incentives will need to be determined by the Board.
Background image of page 1
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: Thereafter, Maroun started working for Wyreless but his employment was terminated in February 2001. After Maroun filed a motion for partial summary judgment against Wyreless on the basis that there was no dispute Maroun was owed $23,077 in unpaid wages, the parties stipulated to entry of a judgment in favor of Maroun in the amount of $23,077. Maroun argues the district court erred in granting summary judgment in favor of Robinson on the fraud claim. Issue Was Defendant Christopher Tucker a shareholder of Wyreless? Decision Yes Reason The district court then entered a judgment dismissing the claims against Tucker and TKL with prejudice. Maroun filed a motion for judgment notwithstanding the verdict and the district court denied the motion. Maroun appealed....
View Full Document

{[ snackBarMessage ]}