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ANGRISANI v. FT VENTURES, L.P.

No. A-5477-06T3

952 A.2d 1140 (2008)

402 N.J. Super. 138

Frank ANGRISANI, Plaintiff-Appellant, v. FINANCIAL TECHNOLOGY VENTURES, L.P. and Nexxar Group, Inc., Defendants-Respondents.

Superior Court of New Jersey, Appellate Division.

Decided August 7, 2008.

Attorney(s) appearing for the Case

Laurence B. Orloff, Roseland, argued the cause for appellant (Orloff, Lowenbach, Stifelman & Siegel, attorneys; Mr. Orloff, of counsel and on the brief; Lindsay F. Ditlow, on the brief).

Elizabeth L. Deeley (Kirkland & Ellis) of the California bar, admitted pro hac vice, San Francisco, CA, argued the cause for respondents (Morgan, Lewis & Bockius, Princeton, Ms. Deeley and James F. Basile (Kirkland & Ellis) of the California bar, admitted pro hac vice, San Francisco, CA, attorneys; Richard G. Rosenblatt, James P. Walsh, Jr., Princeton, Ms. Deeley and Mr. Basile, of counsel and on the brief).

Before Judges SKILLMAN, WINKELSTEIN and LeWINN.

The opinion of the court was delivered by

SKILLMAN, P.J.A.D.

Plaintiff entered into an agreement with the predecessor to defendant Nexxar Group, Inc. (Nexxar) under which he was employed as its President and Chief Executive Officer. Plaintiff also entered into an agreement with defendant Financial Technology Ventures, L.P. (FT Ventures) and other investors for the purchase of stock in Nexxar's predecessor. Plaintiff's employment agreement with Nexxar contains...

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