What does Stock Option Claims mean? Read on to discover the definition & meaning of the term Stock Option Claims - to help you better understand the language used in insurance policies.
Stock Option Claims
Allegations by current or former employees that they have been wrongfully deprived of monies due from stock option grants provided by the organization. The largest stock option claims involve those by high-level executives who, following termination or forced resignation, assert that they have been wrongfully deprived of the financial gain produced by stock option grants. Such claims are covered by employment practices liability insurance (EPLI) policy forms.
We hope the you have a better understanding of the meaning of Stock Option Claims.