HOUSTON – A former executive at a Houston-based investment company has claimed he was cheated out of proper commission and stock compensation as laid out in his employment agreement.
Jason McConnell filed a complaint on Dec. 23 in Harris County District Court against Axia Partners LP, Comensure LLC and Nick Bednorz alleging breach of contract, fraudulent inducement and fraud in a stock transaction.
According to the lawsuit, McConnell began working for Axia as the company's senior director of recruiting in May of 2017 and was terminated in November of 2020. He alleged his employment contract included a compensation agreement that called for him to be paid based on "various commission structures." McConnell claimed Axia breached their employment agreement with him beginning in 2019 by withholding $150,000 in compensation. He further alleged that Axia failed to pay him $35,450 relating to stock appreciation rights.
McConnell also alleged that an October 2020 payment he received after being furloughed was falsely categorized as vacation time and accrued paid time off. He additionally claimed that Axia failed to honor their agreement to provide him health insurance, which forced him to have to purchase health insurance for his family at a cost of more than $3,500 for December 2020 through January 2021.
McConnell seeks monetary relief between $200,000 and $1 million and all other just relief. He is represented by Carlton Wilde of Crady, Jewett, McCulley & Houren LLP in Houston.
Harris County District Court case number 2020-82473