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Lewitton v. ITA Software, Inc., No. 08-3725

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By FindLaw Staff on October 28, 2009 3:48 PM

In plaintiff's breach of employment contract case against his former employer over stock option purchase dispute, district court's grant of summary judgment in favor of plaintiff is affirmed as the employment contract unambiguously allows plaintiff to exercise all of the shares he accumulated during his 25-month tenure with the company, and as such, he is entitled to exercise option to purchase 138,900 shares of the company stock, not 34,722 shares.   

Read Lewitton v. ITA Software, Inc., No. 08-3725

Appellate Information

Appeal from the United States District Court for the Northern District of Illinois, Eastern Division

Decided October 28, 2009

Judges

Before: Bauer, Kanne, and Evans, Circuit Judges

Opinion by Evans, Circuit Judge

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