A trial court erred when it entered judgment in favor of a former vice president on his claim alleging that he was fraudulently induced to enter into an employment contract with Downing Health Technologies LLC and make a $250,000 investment in the company, an Ohio court of appeals ruled. Despite learning of the alleged fraud a few days into his employment, he continued working for the company for 10 months and signed a second employment agreement with the same terms after being demoted, thus waiving his right to any claims of fraudulent inducement, the court said. Further, although he was ...
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