Jury Awards Former Marketing Director $1.4 Million in Lawsuit Over Unpaid Bonuses at Biotech Hedge Fund
New York – In a notable verdict, Youngjoo Rhee, a former marketing director at Santé Ventures, a hedge fund specializing in biotechnology investments, was awarded $1.4 million by a jury for unpaid bonuses linked to her instrumental role in securing a substantial investment from a pension fund. This recent ruling echoes a previous jury award of $1.5 million in September, which had faced scrutiny and criticism from the presiding federal judge for lacking substantial evidence. The claim centered around the allegation that Santé Ventures failed to deliver promised cash bonuses to Rhee, despite her successful … Read more