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Ontario Court Of Appeal Releases Judgment On RSU Forfeiture Clauses: Wigdor v. Facebook Canada Ltd.
The Ontario Court of Appeal recently released its judgment in Wigdor v. Facebook Canada Ltd. (the Superior Court’s 2025 decision was discussed in our earlier bulletin). The Court found that restricted stock unit (RSU) agreement provisions that purport to terminate vesting during the statutory notice period contravene Ontario’s Employment Standards Act, 2000 (ESA) and will be unenforceable.

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