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Synex International Inc
Symbol SXI
Shares Issued 38,478,083
Close 2019-07-15 C$ 0.245
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Synex says eight weeks of salary enough for Sunell

2019-07-15 10:14 ET - Street Wire

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by Mike Caswell

Synex International Inc. denies that it did anything wrong in dismissing its former president, Gregory Sunell. The company says that it was entitled to fire Mr. Sunell upon paying him eight weeks of salary, which it has done. As Synex sees things, it owes Mr. Sunell nothing more.

The statements from Synex come in response to a lawsuit that Mr. Sunell, 66, filed against the company on May 27, 2019, in the Supreme Court of British Columbia. He complained that Synex fired him on Jan. 11, 2019, with no cause or notice. He said that he had worked at the company for 17 years. His salary, upon his dismissal, was $195,300 per year. The suit sought damages for wrongful dismissal.

For its part, Synex says that there is no reason for the company to make any further payouts. In a brief response filed on July 10, 2019, the company claims that the terms of Mr. Sunell's employment allowed it to dismiss him upon giving reasonable notice of pay in lieu of that notice. In accordance with those terms, the company paid Mr. Sunell eight weeks of salary (which would amount to $30,046, based on his $195,300 annual salary).

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