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Orlando Chiossone et al. v. ING Baring Furman Selz - 4/26/2002

Award Amount- $206,750.00

Case Summary: Our client, Orlando Chiossone, was hired into ING’s Latin America Mergers & Acquisitions (“LAMA”) Group in mid-1999. In February 2000, on the day 1999 bonuses were announced, Mr. Chiossone and other members of the LAMA group were told that the group was being disbanded, that their employment was terminated, and that they would receive no bonus compensation. Following a six-day arbitration hearing, a three-member NYSE arbitration panel awarded Mr. Chiossone a bonus of $206,750, plus interest from March 1, 2000 until the date the award was paid. The panel also assessed all forum fees, totaling $11,000, against ING.

Lawyer(s):
Jeffrey L. Liddle
Christine A. Palmieri


Web Info(URL) www.nyse.com/pdfs/2000-008755.pdf




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