The Fourth Circuit Court of Appeals ruled last week that an employee was not entitled to recover the value of unvested stock shares under Maryland Wage Payment and Collection Law (MWPCL) because New Jersey law applied to her employment contract in a conflict of laws scenario.
Hillary Kunda sued her former employer, C.R. Bard, Inc. (Bard), alleging that Bard violated Maryland law when it failed to pay her for unvested shares earned through the company's long-term profit sharing plan after she left the company. Kunda claimed that, despite a New Jersey choice-of-law provision in the plan agreement, Maryland law applied to the contract because the MWPCL constitutes a fundamental public policy in Maryland.






