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: New York Supreme Court Criminal Term Library

New Jersey Supreme Court: Deferred Compensation Plans with Forfeiture Provisions Lawful

By David Badertscher, PLL

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Source: Lexology, July 14, 2008.

New Jersey Supreme Court holds deferred compensation plans with forfeiture provisions lawful
Littler Mendelson USA -


"On June 25, 2008, the New Jersey Supreme Court issued its decision in Melvin Rosen v. Smith Barney, Inc. (A-49-07), holding that deferred compensation plans with vesting periods and forfeiture provisions do not violate New Jersey's wage and hour law or public policy".

Full post as published by New York Supreme Court Criminal Term Library on July 14, 2008 (boomark / email).

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