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The Economic Times
The Economic Times
National
Trending Desk

California co-founder of $8 billion asset management firm fired for skipping his own return-to-office rule, now seeks $30 million

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.

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