Officers and Managers Risk Personal Liability for Knowingly Withholding Wages

In these challenging economic times company officers and managers should be reminded that under applicable federal and state law they can be personally liable if they knowingly fail to pay employee wages. If making payroll becomes challenging, companies should consider other alternatives to reduce expenses, including salary or hour reductions, rather than not paying employee wages. See a more detailed discussion here.

About Stuart Campbell

Stuart handles transactional matters primarily for emerging technology and other high-growth companies. He has particular focus in representing companies in the wireless, Internet and game spaces. He has extensive experience representing founders, investors and companies in: entity formation; over 150 venture capital and angel financings; mergers and acquisitions, including distressed acquisitions and 363 bankruptcy sales; joint ventures, strategic alliances, and technology transfer and licensing matters. Stuart also advises clients on corporate governance matters.
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