Post by Logan on Mar 10, 2017 1:13:39 GMT -6
Lawsuit says Lincare fired acquisitions chief for demanding her unpaid $1 million bonus
TAMPA — The acquisitions chief of Lincare Inc., a Clearwater-based provider of in-home oxygen and respiratory therapy services, expected a financial slice of the firms she was helping her employer take over.
But in January, when she still had not been paid the $1 million she was owed, she went to her boss to ask for the cash.
What did Lincare do? It fired her.
That is the scenario outlined by the acquisitions chief, Sharon D. Ford, in a lawsuit she filed last month in Hillsborough County circuit court against Lincare that accuses the company of pocketing her bonus and then retaliating against her when she demanded payment. Lincare officials did not return messages Tuesday seeking comment.
The suit said Ford, an attorney who had worked at Lincare from 2001 until her termination on Jan. 27, had helped close "numerous" acquisitions and two divestitures for Lincare that had collectively generated hundreds of millions of dollars in revenue for the company.
Read more: www.tbo.com/news/lawsuit-says-lincare-fired-acquisitions-chief-for-demanding-her-unpaid--million-bonus-20170307/
TAMPA — The acquisitions chief of Lincare Inc., a Clearwater-based provider of in-home oxygen and respiratory therapy services, expected a financial slice of the firms she was helping her employer take over.
But in January, when she still had not been paid the $1 million she was owed, she went to her boss to ask for the cash.
What did Lincare do? It fired her.
That is the scenario outlined by the acquisitions chief, Sharon D. Ford, in a lawsuit she filed last month in Hillsborough County circuit court against Lincare that accuses the company of pocketing her bonus and then retaliating against her when she demanded payment. Lincare officials did not return messages Tuesday seeking comment.
The suit said Ford, an attorney who had worked at Lincare from 2001 until her termination on Jan. 27, had helped close "numerous" acquisitions and two divestitures for Lincare that had collectively generated hundreds of millions of dollars in revenue for the company.
Read more: www.tbo.com/news/lawsuit-says-lincare-fired-acquisitions-chief-for-demanding-her-unpaid--million-bonus-20170307/