Legal Opinion
Mauldin v. WorldCom, Inc.
Court of Appeals for the Tenth Circuit
Decided August 28, 2001No. 00-5134PublishedCited by 32 opinions
1Opinion of the Court
CUDAHY, Circuit Judge.
Between 1994 and 1996, Billy Mauldin entered into four stock option agreements with his employer, MFS Intelenet, Inc. (MFS). Each agreement provided that Mauldin’s options would vest immediately if he suffered diminished responsibility or pay within two years of a change of control of MFS. Thus, after WorldCom, Inc. (WorldCom) acquired MFS in 1996 and allegedly altered the terms of Mauldin’s employment, Mauldin requested that he be allowed to exercise all of his options immediately. When WorldCom denied his request, Mauldin sued. The district court granted summary…
2Cases cited23 opinions
- Celotex Corp. v. Catrett, Administratrix of the Estate of CatrettSupreme Court of the United States · 1986
- Klaxon Co. v. Stentor Electric Manufacturing Co.Supreme Court of the United States · 1941
- Columbia Gas Transmission Corp. v. New Ulm Gas, Ltd.Texas Supreme Court · 1996
- Weir v. Anaconda Co.Court of Appeals for the Tenth Circuit · 1985
- Lyons v. Jefferson Bank & TrustCourt of Appeals for the Tenth Circuit · 1993
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- Mincin v. Vail Holdings, Inc.Court of Appeals for the Tenth Circuit · 2002
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