don't know the actual law, but found this.

July 09, 2008 03:45PM
[query.nytimes.com]

"last month, a jury found that the company had violated Federal law by failing to disclose its buyout plans to Mr. Mullins and by making "affirmative misrepresentations" about it."
Subject Author Posted

Legal question, do private companies have to disclose buyouts to their employees?

ORB July 09, 2008 01:13PM

Why would they have to disclose that?

Death_Claw July 09, 2008 06:58PM

Your employment is tied to a tax id (held by the employer). If that changes, you must be notified. nt

Rade July 10, 2008 01:01PM

Yeah but he's not talking about that I assume. That'd be pretty obvious. n/t

Death_Claw July 11, 2008 04:31AM

Re: Why would they have to disclose that?

ORB July 10, 2008 05:35AM

Re: Why would they have to disclose that?

Isildur(VIP) July 10, 2008 07:23AM

Nope pretty sure it's a done deal.

ORB July 10, 2008 08:43AM

Check Hoovers.com. n/t

Death_Claw July 10, 2008 09:18AM

Thanks. ~

ORB July 10, 2008 09:07PM

I would assume it heavily depends on your employment agreement and state laws

ExPaladin(VIP) July 10, 2008 06:31AM

don't know the actual law, but found this.

(vಠ_ಠ)> AngryFatKid July 09, 2008 03:45PM

Yeah but that's in relation to his pension plan. n/t

Death_Claw July 09, 2008 07:07PM

As a sidenote in this case Pfizer wasn't bought...

Death_Claw July 09, 2008 07:09PM



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