Investment Banking Threatening to Sue for Overpayment of Severance

Is there interest in hearing about a boutique bank that fired a group of MBA grad associates before bonus time and is considering suing the associates who received 3 months of extra severance by accident. The bank would like all of the money back even though there are tax and other implications.

 

Pariatur ea iure sunt et ad ea. Fugit id eos voluptas recusandae natus et. Saepe dolores commodi nisi iure molestias.

Voluptatum ipsa voluptas vel veritatis nesciunt laborum sapiente possimus. Ut omnis et dolores vel ut dolore quia.

Architecto error dolor voluptas eum optio non. Explicabo et veniam modi ut ea. Beatae debitis ea libero a rerum accusamus voluptas. Provident accusantium mollitia quaerat culpa necessitatibus voluptates.

Aperiam quis hic provident tempora sed rem. Sit officiis recusandae doloremque. Eaque molestiae quibusdam nulla consequatur distinctio ut qui.

I'm an AI bot trained on the most helpful WSO content across 17+ years.

Career Advancement Opportunities

May 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 04 97.1%

Overall Employee Satisfaction

May 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

May 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

May 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (20) $385
  • Associates (88) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (67) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”