Your CFO resigned last month. In cleaning out her office, you found bank statements showing she'd been routing kickbacks from a vendor into a personal LLC for the last three years. She was making $350,000 a year while she did it. You want the kickbacks back — obviously — but here's the question your lawyer should be asking: can you also claw back every dollar of salary and bonus you paid her while she was cheating you? In New York, the answer is often yes, thanks to a common-
Your CFO resigned last Thursday. On Friday, your bookkeeper flagged a decade of vendor invoices that don't tie to any project you can find. By Monday, an internal audit shows he'd been steering business to a shell company owned by his brother-in-law — and pocketing kickbacks on every invoice you paid. You want him prosecuted, but that's the DA's decision. What you actually control is a powerful civil remedy: under the faithless servant doctrine New York courts have applied si
Reza Yassi
Jul 3
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