BROOKS v. COHEN & STEERS, INC.


30 A.D.3d 202 (2006)

817 N.Y.S.2d 235

GREG E. BROOKS, Appellant, v. COHEN & STEERS, INC., et al., Respondents.

Appellate Division of the Supreme Court of the State of New York, First Department.

June 13, 2006.


Plaintiff is a former employee of defendants. Under defendants' governing stock incentive plan and the parties' related restricted stock unit agreement, the determination of defendants' compensation committee that plaintiff's present employment is competitive with defendants' business, and that plaintiff therefore forfeited the restricted stock units he had acquired during his employment with defendants, is final, conclusive and binding, absent a showing defendants acted...

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