A trial court erred when it entered summary judgment in favor of health supplement company LaCore Enterprises LLC on the breach of contract and fraud claims of the chief operating officer of a division of LaCore dedicated to producing and selling cannabinoid goods, who alleged that he was denied a 1.5% equity-stake in the operation that was due under his employment agreement, a Texas court of appeals ruled. The agreement unambiguously provided the COO a 1.5% equity stake in the division unconditioned on continued employment, the court held. A jury must properly determine the value of a 1.5% equity stake ...
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