This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.
Here is a sample of this item:
by Mike Caswell
Kelso Technologies Inc.'s former chief financial officer, Richard Lee, has filed a lawsuit against the company in the Supreme Court of British Columbia, claiming that the company fired him from his job for no good reason. He claims that his position, which paid $20,000 (U.S.) per month, came to an end after he refused the company's demand to retire. Mr. Lee, 68, says that he has since been unable to find a comparable job.
The allegations are contained in a notice of claim that Mr. Lee filed at the Vancouver courthouse on Thursday, Oct. 17. The case stems from Mr. Lee's employment at Kelso which, according to Mr. Lee, began in 2010. He says that his salary was set out in an agreement dated July 1, 2020, with that agreement specifying that he was entitled to $20,000 (U.S.) plus expenses and a year-end bonus.
Mr. Lee's firing, as described in the lawsuit, occurred after the company warned him on Aug. 27, 2024, that he would be dismissed if he did not retire. Three days later, Kelso fired Mr. Lee for no good reason, the suit claims. As Mr. Lee sees things, that firing triggered a clause in his employment agreement which stated that he was entitled to 24 months of salary. Mr. Lee says that he has since attempted to obtain reasonably similar employment, but has not had any success.
The remainder is available to Stockwatch subscribers.
Sign-up for a FREE 30-day Stockwatch subscription and SEE NO ADS
© 2024 Canjex Publishing Ltd. All rights reserved.