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Chubb Stiffed Ex-Exec On $600K In Stock Pay, Suit Says

Law360 (April 12, 2018, 8:13 PM EDT) -- A top Sompo International executive has accused his former employer Chubb of illegally withholding $600,000 in deferred stock compensation while the parties are embroiled in litigation over whether he stole Chubb's trade secrets and helped poach key employees.

Plaintiff Michael Chang, who was president of Chubb’s real estate and hospitality division when he left the company in 2016, accused Chubb INA Holdings Inc. of violating the Employee Retirement Income Security Act by not paying him the vested amounts that he was owed through his participation in...
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