Tedesco v. Home Savings Bancorp, Inc.

¶1 Matthew Tedesco began working in March 2008 for Home Savings of America (HSOA), a federally chartered savings and loan association. After a few months on the job, Tedesco signed an employment agreement containing a provision that required the parties to submit any disputes to binding arbitration. HSOA terminated Tedesco’s employment in 2011. Tedesco sued HSOA, its CEO and Board Chair Dirk Adams, and Home Savings Bancorp (HSBC), which owned all of HSOA’s stock. Tedesco alleged wrongful discharge, breach of contract, and fraud. The District Court ordered the parties to proceed to binding…