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When Employment Ends, Do RSUs Keep Vesting? Ontario Court Of Appeal Weighs In On Wigdor v Facebook Canada
The Ontario Court of Appeal's decision in Wigdor v Facebook Canada Ltd. addresses whether employers can stop equity compensation vesting during statutory notice periods. When Facebook Canada terminated Dr. Wigdor and cancelled his unvested RSUs worth millions, the court examined whether forfeiture provisions in equity agreements can override Employment Standards Act protections for employee compensation.
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