December 02, 2019
A fired Abiomed Inc. executive is not legally entitled to a lucrative stock bonus because he couldn't show the windfall represented compensation for his past work to help the heart pump maker earn regulatory approval in Japan, the First Circuit has ruled.
September 04, 2019
The First Circuit on Wednesday grappled with whether a former Abiomed executive's lucrative stock bonus needed to be "on the brink" of vesting when he was fired in order for him to recover the money, or whether he could be paid proportionally based on the amount of work he did on a project in Japan.
July 11, 2019
A former Abiomed executive who says the medical implant manufacturer fired him to avoid paying him a lucrative stock bonus told the First Circuit on Wednesday he is at least entitled to recoup the percentage of shares equaling his role in the deal that would have triggered the bonus.
June 24, 2019
A former Abiomed executive didn't come close to achieving a career milestone worth $5 million in shares, the medical implant maker has told the First Circuit, saying the company wasn't "on the brink" of a key regulatory approval when it canned him.
May 10, 2019
A fired executive asked the First Circuit on Friday to revive his suit against Abiomed Inc., saying the medical implant maker wrongly canned him just before he would have received shares now worth up to $5 million.