Porter v. Groover

Plaintiffs do business as a collection agency which brought this suit on behalf of Karen Edwards and Judy Smith, two former employees of corporations controlled by defendant Groover. Both women terminated their employment when Groover failed to make good his promises that they would receive their share of bonuses to supplement salaries that both felt were inadequate compensation for the work they performed. Both women negotiated settlement agreements with Groover under which they were to be paid cash that was to be used for the purchase of certain stock of a corporation they understood was to…