Former FTS International employee alleges stocks were not paid to him upon termination

By Carrie Bradon | May 31, 2019

NEW MARTINSVILLE – A Weston man is suing his former employer over allegations that he was not given access to his stocks upon his termination.

Carl L. Sherrell filed a complaint in Wetzel Circuit Court against FTS International Inc., and FTS International Services LLC alleging breach of contract, conversion, constructive fraud and other counts.

The suit states that the plaintiff was employed by the defendants, and in early 2018 the plaintiff's supervisor completed a performance review of the plaintiff that rated the plaintiff as proficient. The plaintiff alleges he was rewarded for his work performance in February 2018 with a restricted stock unit agreement. The plaintiff alleges he was granted 50,000 restricted stock units that were nonforfeitable and paid to the plaintiff over the course of four years. 

The plaintiff was terminated on Nov. 1, 2018, but the stocks allegedly were not paid to the plaintiff within 10 days of his termination in breach of the contract.

The plaintiff is seeking all reasonable sums due, attorney fees and court costs. The plaintiff is represented by Frank E Simmerman Jr., Chad L. Taylor and Frank E. Simmerman III of Simmerman Law Offices PLLC in Clarksburg.

The case has been assigned to Judge Jeffrey Cramer.

Wetzel Circuit Court case number 19-C-33

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