Ex-T-3 Exec Sues Over Title After Robbins Buyout

Law360, New York (July 1, 2011, 6:57 PM EDT) -- A former T-3 Energy Services Inc. vice president sued the company's new buyer, Robbins & Myers Inc., on Friday in Texas state court, saying Robbins violated his employment agreement by changing his title.

When Robbins bought T-3 and changed Timothy Gooding's title from vice president to director of aftermarket and services it effectively terminated him with no cause, Gooding claims.

“Robbins' actions were a breach of the agreement,” the complaint said.

The suit demands that the company pay him two years' salary and continue his health...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.