CL vs. BL
Apr 22, 2015OUTCOME: Ms. Hogan obtained an additional $300,000 in settlement for wife after discovering stock options that were not disclosed by husband.
Husband and wife agreed on settlement terms to divide the marital property equally and a tentative written settlement agreement was prepared. However, before the papers were signed, Ms. Hogan discover ... ed that husband had listed some of his stock options as valueless on the date of separation, when he had actually cashed them in after separation, pocketing the money. Wife's share of the hidden stock options was worth about $200,000. Due to the failure to disclose, a larger settlement was negotiated, netting wife an additional $300,000.