Legal Opinion
Scully v. US Wats, Inc.
Court of Appeals for the Third Circuit
Decided February 1, 2001No. 99-1590 & 99-1653UnknownCited by 10 opinions
1Opinion of the Court
OPINION OF THE COURT
FUENTES, Circuit Judge:
In this appeal, the primary issue is whether US WATS improperly denied Mark Scully the right to exercise his stock option following his wrongful termination, and, if so, whether the District Court, in awarding damages, improperly failed to apply a discount from market value to account for the option shares’ lack of marketability. In May 1995, US WATS, Inc., a Pennsylvania based telecommunications carrier, hired Mark Scully as president and chief operations officer for a two-year period to implement a financial turnaround of the company. As part of…
2Cases cited44 opinions
- Thompson Coal Co. v. Pike Coal Co.Supreme Court of Pennsylvania · 1979
- Geary v. United States Steel Corp.Supreme Court of Pennsylvania · 1974
- William F. Hagerman v. Yukon Energy Corporation, and David C. TjosvoldCourt of Appeals for the Eighth Circuit · 1988
- Abraham WELDON, Appellant, v. KRAFT, INC.Court of Appeals for the Third Circuit · 1990
- Reynolds v. StocktonSupreme Court of the United States · 1891
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3Cited by10 opinions
- Mark Scully v. Us Wats, Inc. Kevin O'hare, Individually and in His Capacity as President of Us Wats Aaron Brown, Individually and in His Capacity as Chairman of the Board of Directors of Us Wats Stephen Parker, Individually and in His Capacity as Executive Vice-President of Us WatsCourt of Appeals for the Third Circuit · 2001
- Bellamy v. WellsDistrict Court, W.D. Virginia · 2008
- Christa Robey and Maureen Reynolds v. SPARC Group, LLCSupreme Court of New Jersey · 2024
- FREEMAN v. WILLIAMSDistrict Court, E.D. Pennsylvania · 2025
- Glowacki v. O'Reilly Auto Enterprises, LLCDistrict Court, W.D. Michigan · 2023
5 more not listed; retrieve them via the Exa API.