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Long Beach Company Pays for Breach of Contract

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A jury in the Los Angeles County are has come up with a verdict against a Long Beach Company, the Casey Corporation, in which they will have to pay $2 million due to a breach of contract. They have instead agreed in favor of an individual who happened to once be an employee for the company and ended up losing out on millions due to improper agreements based on profit shares. The Los Angeles County jury had to overlook tons of evidence that was presented to them during the trial, all of which proved that the company was guilty of a breach contract. The Casey Corporation is primarily located in Long Beach but also happens to be a parent corporation for companies that are located around the area of Bakersfield, California.

The jury ruled in favor of the former employee, George Sturges Jr., who actually worked for the company since 1983. He chose to sue the company due to the breach contract as he was continuously employed while the company changed his compensation without providing any specific reason or cause to do so. During the 90’s, Sturges had actually created a specific formula that was used to help solve specific problems. He was responsible for basically all of the marketing of this particular fuel additive, along with the selling of such products. While he was responsible for these tasks, he managed to earn millions of dollars for the company. After taking on these responsibilities and putting in so much time and effort for nearly a decade, the Casey Corporation chose to provide compensation on a profit-share type of agreement and then asked him to take on the position of Vice President for the company.

When he took on this position, Sturges was selling the additive and earned millions of dollars within the span of just one year, from 2007 until 2008, helping to generate revenue for the company. The Casey Corporation stood with the agreement for nearly two years but then, out of nowhere, the company demoted Sturges and reduced the profit share he received, cutting it completely in half. The attorney for Sturges, Ricardo Echeverria, says that Sturges was a loyal employer, helping the company to profit by helping them earn millions of dollars, a total of about $70 million in the span of just two years, which is generally the reason that the company had absolutely no good reason to demote him from his earnings. Echeverria is pleased that the jury sided with his client and believes the company should be accountable for their unfair actions towards Sturges.

Long Beach Company Pays for Breach of Contract by
Authored by: Harrison Barnes