North Carolina Business Litigation Report

Kornegay v. Aspen Asset Group, LLC, February 5, 2008 (Diaz)(unpublished)

The individual defendants were personally liable for the judgment obtained by plaintiff under the North Carolina Wage and Hour Act. The Court refused to award liquidated damages, however, finding that the defendant had acted in good faith and had a reasonable basis for believing that their refusal to pay bonuses was not in violation of the Act.

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Mack Sperling
Brooks Pierce, LLP
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