Wachovia Owes Reservist For Reinstatement: Jury

Law360, New York (June 19, 2008, 12:00 AM EDT) -- A federal jury ruled Tuesday that Wachovia Securities LLC failed to promptly reinstate a man to his position as a financial adviser when he finished his military duty.

After a trial of about a week., a jury in the U.S. District Court for the District of Connecticut said that Wachovia treated Michael Serricchio wrongly when he asked for re-employment in December of 2003. The company's failure to reinstate him correctly and in a timely manner violated the Uniformed Services Employment and Reemployment Rights Act, the jury...
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