Just Salad ex-CFO missed out on $1.2M, lawsuit claims [Yahoo! Finance]
JP Morgan Chase & Co. (JPM)
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Source: Yahoo! Finance
Former Just Salad CFO Stefan Boyd is suing the restaurant chain for $1.2 million he claims he's owed tied to a separation agreement, arguing he lost out on the funds after doing too good a job for the company, according to a complaint filed last week in New York's Manhattan Supreme Court. The suit, filed March 27 by law firm Parker Pohl LLP on Boyd's behalf, contends that Boyd, who left the company in 2023, was instrumental in helping Just Salad achieve a $1 billion valuation after a $200 million funding round in February — and that under the terms of Boyd's separation agreement with the New York-based Just Salad, that valuation entitles Boyd to a $1.2 million payout. The 39-page complaint also alleges that following the February raise, Just Salad's CEO Kenner chose to “exploit” terminology in the separation agreement, “by arguing it may technically be read to deprive Boyd of any compensation at all based on language that, in effect, presumed a significantly lower valuation.” “
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JPM
Earnings
- 10/14/25 - Beat
JPM
Sec Filings
- 12/16/25 - Form 424B2
- 12/16/25 - Form 424B2
- 12/16/25 - Form 424B2
- JPM's page on the SEC website