A co-founder of a California-based $8 billion asset management firm has sued after he was fired for allegedly failing to comply with the company's own return-to-office policy, seeking at least $30 million in damages.
William Nieporte, a co-founder and former chief compliance officer of Bramshill Investments, claims he was wrongfully terminated in 2022 after not returning to the firm's Southern California office under a five-day-a-week in-person work policy. According to The Wall Street Journal, he alleges the policy was used as a pretext to remove him from the business and strip him of his ownership stake.