Baja denies firing Greenslade's daughter
2012-06-22 13:42 ET - Street Wire
This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.
Here is a sample of this item:
by Mike Caswell
Baja Mining Corp. says that Kendra Low, its former $250,000-per-year corporate secretary, is not entitled to any damages for wrongful dismissal, because she quit. The company claims that she resigned after the board temporarily removed her corporate secretary title. She then demanded $600,000 in severance.
The company is responding to a lawsuit that Ms. Low filed in the Supreme Court of British Columbia on May 28, 2012. According to the suit, Baja fired Ms. Low at a board meeting on May 7, without any good reason, after she had served the company "diligently and with sufficient aptitude" for over eight years. She said that her employment contract entitled her to 18 months of severance if the company fired her without cause.
Baja, however, has much different version of her departure. In its response to that suit, the company says that the board only removed her title of corporate secretary on May 7, which it did because she was not independent of then-president John Greenslade. The company made it clear that she was still an employee and retained her other title, as vice-president of administration.
The remainder is available to Stockwatch subscribers.
Sign-up for a FREE 30-day Stockwatch subscription and SEE NO ADS
© 2024 Canjex Publishing Ltd. All rights reserved.
Reader Comments - Comments are open to paying subscribers of Stockwatch and unmoderated,
although libelous remarks, obscene language and impersonations may be deleted.
Opinions expressed do not necessarily reflect the views of Stockwatch.
For information regarding Canadian libel law, please view the
University of Ottawa's FAQ regarding Defamation and SLAPPs.
$250K for a corporate secretary of a two-bit company that isn't even in production? Nepotism sure is lucrative - until daddy is booted from the company...
Who would hire this twat for anything other than an actual secretary's job? At 1/5th the pay.
Posted by ron at 2012-06-22 14:42
Buyer beware.
This is the tip of the "mining" money iceberg.
Otherwise, just where do all the gobs of multi million exploration funds end up, with nothing more to show than an ever bottoming share price.
Visit the CASINOS for better odds.
Posted by Dave the Slave at 2012-06-22 19:25
plaintiffs don't win in court
tough luck ms low
you ain't getting nothin'
ever
Posted by birdcat at 2012-06-22 21:48
I read this story with ever more amazement. How much "BEHIND" do stockholders have to kiss yet to shut her up? Is it not enough that she won the "Baja lottery" as it was called so aptly elsewhere? But those stupid shareholders have a few cents left in the pot yet that haven't been stolen yet. So, let's try, right?
Posted by
opa at 2012-06-23 15:59
This woman should shut up and go home. She was lucky her dad was the boss otherwise she would have mde 40k a year. She will append a lot of money on lawyers to win nothing.
Posted by Valdesol at 2012-06-27 09:25
"not overpaid".....i don't know of any small-mid size company paying $250k for a corporate secretary. Maybe $100k these days but not $250k. VP of Admin, that's a fancy title for an office manager, who most of the time make sure the lunchroom and office supply rooms are stocked.
Posted by bde at 2012-07-01 17:16
this is ridiculous! and all of this on the back of the shareholders money???while were waching the stock plummeting...
Send her home with nothing ...get a real job as a secretary working for 10 h a day for 30k per year like my doughter does ...
Posted by george at 2012-07-04 21:33
Comments for this item are closed