Stock Options In Wrongful Firing: Case Shows Employees Can Win Lawsuits [Forbes]
Skillz Inc. Class A (SKLZ)
Company Research
Source: Forbes
Stock options are potentially very valuable, especially when they are granted in a startup company that later undergoes an initial public offering (IPO). However, losing your job can cause you to miss out on a big stock option payday. Inevitably, with great potential wealth comes great litigation. Case law abounds with disputes between former employees and companies over valuable stock options. A recent lawsuit in California ( Shah v. Skillz Inc. ) involving a startup company's stock options resulted in a lucrative win for the plaintiff (a fired employee) and a notable ruling about how damages involving options can be calculated. Stock Options In Job Termination First, let's briefly review how job loss affects stock options. If you leave a company with vested but unexercised stock options, you only three months to exercise them. Beyond that post-termination exercise period (PTEP), which is specified in your grant agreement, you forfeit any unexercised options. PROMOTED The PT
Show less
Read more
Impact Snapshot
Event Time:
SKLZ
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
SKLZ alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
SKLZ alerts
High impacting Skillz Inc. Class A news events
Weekly update
A roundup of the hottest topics
SKLZ
News
- Video Gaming Stocks Q2 Highlights: Skillz (NYSE:SKLZ) [Yahoo! Finance]Yahoo! Finance
- Tax Breaks: The Financial, Internet, And Elder Fraud Prevention Edition [Forbes]Forbes
- With 49% ownership, Skillz Inc. (NYSE:SKLZ) insiders have a lot at stake [Yahoo! Finance]Yahoo! Finance
- Skillz (SKLZ) Upgraded to Buy: Here's Why [Yahoo! Finance]Yahoo! Finance
- A struggling gaming company tried to destroy its rivals by creating a fake website to solicit complaints: court documents [Business Insider]Business Insider
SKLZ
Earnings
- 8/1/24 - Beat
SKLZ
Sec Filings
- 9/25/24 - Form 8-K/A
- 9/25/24 - Form 8-K
- 9/13/24 - Form 4
- SKLZ's page on the SEC website