Ex-employee sues Sharps Rifle Co. over property rights
Better times for Sharps at the Shooting Hunting Outdoor Trade Show in Las Vegas, January 2014. (Photo: Sharps/Facebook)
A former employee of Broadsword Group, LLC, which owns Sharps Rifle Company, Inc., claims the company violated an agreement and stiffed him on moneys owed and intellectual property.
Michael Blank, of St. Louis, named both companies in a complaint filed Sept. 10 in a U.S. District Court in the Eastern District of Missouri. He claims the companies violated a verbal and written contract that entitled him to the rights of his intellectual property and future patents resulting from it when he was fired without cause.
Broadsword is a Wyoming company that owns four gun and ammo brands, including Sharps.
According to the complaint, Blank worked under a temporary contract from Jan. 5, 2013, to March 7, 2014, and Broadsword’s owner, Jay Johnston, promised and agreed to giving Blank a percentage of sales or royalties for his inventions in addition to doubling his salary and 10 percent ownership of Sharps after the contract ended.
Although the contract lasted a little more than a year, Blank lists Sharps as his employer from August 2007 up until March 2014 on his Linked in profile. Between August 2007 and December 2011, his title reads “CEO;” between January 2012 and October 2013, his titles read “Director of Strategic Development” and “Chief Armorer;” and from October 2013 to March 2014, he lists the title “Director.”
After his termination, Blank claims Broadsword sent him a severance letter offering him one month’s salary but only if he signed over rights to ideas for six inventions plus rights to items invented by him during his employment with the company.
In response to the lawsuit, Blank is hoping for a 10 percent royalty on goods of his design manufactured by Sharps, sold or unsold.
The post Ex-employee sues Sharps Rifle Co. over property rights appeared first on Guns.com.
Source: http://www.guns.com/2014/09/16/ex-employee-sues-sharps-rifle-co-over-property-rights/?utm_source=rss&utm_medium=rss&utm_campaign=ex-employee-sues-sharps-rifle-co-over-property-rights
Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.
"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.
Before It’s News® is a community of individuals who report on what’s going on around them, from all around the world. Anyone can join. Anyone can contribute. Anyone can become informed about their world. "United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.
LION'S MANE PRODUCT
Try Our Lion’s Mane WHOLE MIND Nootropic Blend 60 Capsules
Mushrooms are having a moment. One fabulous fungus in particular, lion’s mane, may help improve memory, depression and anxiety symptoms. They are also an excellent source of nutrients that show promise as a therapy for dementia, and other neurodegenerative diseases. If you’re living with anxiety or depression, you may be curious about all the therapy options out there — including the natural ones.Our Lion’s Mane WHOLE MIND Nootropic Blend has been formulated to utilize the potency of Lion’s mane but also include the benefits of four other Highly Beneficial Mushrooms. Synergistically, they work together to Build your health through improving cognitive function and immunity regardless of your age. Our Nootropic not only improves your Cognitive Function and Activates your Immune System, but it benefits growth of Essential Gut Flora, further enhancing your Vitality.
Our Formula includes: Lion’s Mane Mushrooms which Increase Brain Power through nerve growth, lessen anxiety, reduce depression, and improve concentration. Its an excellent adaptogen, promotes sleep and improves immunity. Shiitake Mushrooms which Fight cancer cells and infectious disease, boost the immune system, promotes brain function, and serves as a source of B vitamins. Maitake Mushrooms which regulate blood sugar levels of diabetics, reduce hypertension and boosts the immune system. Reishi Mushrooms which Fight inflammation, liver disease, fatigue, tumor growth and cancer. They Improve skin disorders and soothes digestive problems, stomach ulcers and leaky gut syndrome. Chaga Mushrooms which have anti-aging effects, boost immune function, improve stamina and athletic performance, even act as a natural aphrodisiac, fighting diabetes and improving liver function. Try Our Lion’s Mane WHOLE MIND Nootropic Blend 60 Capsules Today. Be 100% Satisfied or Receive a Full Money Back Guarantee. Order Yours Today by Following This Link.
| Visits: | 1,708,260,283 |
| Stories: | 8,449,949 |
Whistler Blowers, Insiders
