Barwin v. Frederick & Herrud, Inc.

Defendant appeals as of right from an April 4, 1974, judgment for plaintiff in the amount of $14,000 plus interest and costs as a result of defendant’s failure to honor a stock purchase option which defendant had given plaintiff

Plaintiff filed, on February 5, 1973, a complaint alleging that, as a part of his termination of employment with defendant, he was given a stock purchase option which he later attempted to exercise, but which defendant refused to honor. Defendant answered on March 15, 1973, after which plaintiff filed an amended complaint.

After defendant had answered the amended…