Schultze v. ABN AMRO, Inc.

Illinois Appellate Court
Civil Court
Illinois Wage Payment and Collection Act
Citation
Case Number: 
2017 IL App (1st) 162140
Decision Date: 
Tuesday, July 18, 2017
District: 
1st Dist.
Division/County: 
Cook Co., 2d Div.
Holding: 
Affirmed.
Justice: 
MASON

Plaintiff filed complaint against banks alleging they violated Illinois Wage Payment and Collection Act by failing to pay him proper amount of his earned bonus and severance pay. Plaintiff fully performed services required to earn his bonus, and banks improperly and after the fact changed methodology for computing earned bonus, depriving Plaintiff of his compensation. Court properly awarded Plaintiff $2 million, which was minimum bonus commensurate with his increased responsibilities and undisputed satisfactory performance. Banks improperly conditioned payment of severance on Plaintiff's release of his bonus claim based on a violation of the Act, and Plaintiff otherwise complied with all other conditions to receiving his severance pay, and court properly awarded $375,000 as severance.(HYMAN and NEVILLE, concurring.)