United States v. Allison, No. 14-1540 (8th Cir. 2014)
Annotate this CaseDefendant pled guilty to mail fraud and defendant appealed the district court's restitution order. Defendant had defrauded his employer of hundreds of thousands of dollars and the company terminated his employment, canceling his stock options. The court concluded that the district court properly denied defendant's request to offset the options against his mandatory restitution obligation. The court rejected defendant's claim that the district court erred in calculating the loss amount because it had not subtracted from the restitution award an amount he had not been reimbursed because this claim was without merit. Accordingly, the court affirmed the judgment.
Court Description: Criminal case - Criminal law. The district court did not err in determining that defendant's former employer's action in cancelling plaintiff's stock options after his fraud was discovered did not result in a savings to the employer which would support an offset of defendant's restitution. Home | Contact Us | Employment | Glossary of Legal Terms | Site Map | RSS Privacy Policy|BrowseAloud
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