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Home My WebLink About95-02430 df ., ,-;-' .. ,'.:.'.,F....,....f S.....~ ,..,,;;: ..-, ~i~,'n' :- ~,,~~'"'''' :,<"--" ,..'" ...~ '1 . .. <e,',' f{... ~:.... -',':'.., " .: ""c,-..,..,':" ~,' - .-€ E~ 13 i \ I 01 c()l -:ti roil \" i ! i , i I toi 0-' .. RUBIN , ASSOCIATES Chri.toph.r p. stier, E.quire Supre.e Court I,D. No. 72505 10 South Leopard Road suite 202 Paoli, PA 11301 (UO) 408-2007 ('10) 408-1040 (T.leoopy) MERRILL LYNCH, PIERCE, FENNER I , SMITH INe. I 214 Senate Avenue, I Ca.p Hill, PA 17011, I Plaintirr, I I I I I I I I I IN THB COURT OF COKMON PLBAS CUMBBRLAND COUNTY, pBNNSYLVANIA v, CIVIL ACTION - LAW NO, q S - 24-3 0 t~....J.. T L'vhv BBRNARD J, DIGGINS, 1051 Hillviev Lane Her.hey, PA 17033, BUKMONS Derendant. JlOTICB YOU HAVB BIBN SUID IN COURT, IF YOU WISH TO DEFEND AGAINST THE CLAIMS SET FORTII IN THE FOLLOWING PAGES, YOU MUST TAKE ACTION WITHIN TWENTY (20) DAYS AFTER THIS COMPLAINT AND NOTICE ARE SERVED BY ENTERING A WRITTEN APPEARANCE PERSONALLY OR BY ATTORNEY AND FILING IN WRITING WITH THE COURT YOUR DEFENSES OR OBJECTIONS TO THE CLAIMS SET FORTII AGAINST YOU. YOU ARE WARNED THAT IF YOU FAIL TO DO SO, THE CASE MAY PROCEED WITHOUT YOU AND JUDGMENT MAY BE ENTERED AGAINST YOU BY TilE COURT WITHOUT FURTHER NOTICE FOR ANY MONEY CLAIMED IN TilE COMPLAINT OR FOR ANY OTIlER CLAIM OR RELIEF REQUESTED BY 1'IlE PLAINTIFF. YoU MAY LOSE MONEY OR PROPERTY OR OTIIER RIGHTS IMPORTANT TO YOU. YOU SHOULD TAKI THIS PAPBR TO YOUR LAWYER AT ONCB. IF YOU DO NOT IIAVE A LAWYER OR CANNOT AFFORD ONE, GO '1'0 OR 1'ELEPIIONE TilE OFFICE BET FOR1'II ElEJ,QW TO FIND OUT WIIF:RE YOU CAN GET LEGAL IIELP. COlJR1' ADMINI BTltA'I'OR ClJMDEIlLAND COlJN1'Y COURTIIOUBF: One Courthouse Square Carlisle, PA 17013 Telephone: (717) (,97-0371 AYUQ URTED IIA !lIDO UF:MANlJADO EN LA CORTE. Hi UBted deBea defenderse de las quejas expuestns en laa paginae Biguientes, \ debe tomar accion dontro de veinte (20) diae a partir de la fecha en que recibio la demanda y el aviso. Usted debe presentar comparecencia escrita en persona 0 por abogado y presentar en la Corte por escrito sUs defensas 0 sus objeciones alas demandas en su contra. COURT ADMINISTIlATOR CUMBEllLAND COUNTY COUllTHOUSE One Courthouse Square Carlisle, PA 17013 Telephone: (717) 697-0371 Se la avisa que si no se defienda, el caso puede proceder sin usted y la Corte puede decidir en su contra sin mas aviso 0 notificacion por cualquier dinero reclamado en la demanda 0 por cualquier otra queja 0 compensacion reclamados por el Demandante. USTED PUEDE PEllDEll DINERO, 0 PHOPIEDADES U OTllOS DEHECHOS IMPORTANTES PAllA USTED. LLEVE ESTA DEMANDA A UN ABOGADO INMEDJATAMENTE. SI USTED NO TIENE 0 NO CONOCE UN ABOGADO, VAYA 0 LLAME A LA OFICINA EN LA DIRECCION ESCRITA ABAJO PARA AVERIGUAR DONDE PUEDE OBTENER ASISTENCIA LEGAL. Dated: May ,/, 1995 Respectfully submitted, - "7// /t" /'7 ,- ./ / ( ./ . C ristopher P. stief, Esquire supreme Court ID I 72505 RUBIN , ASSOCIATES 10 South Leopard Road, suite 202 Paoli, Pennsylvania 19301 610/408-2007 Fax 610/400-9040 Attorneys for claimant Merrill Lynch, pierce, Fenner' Smith Inc. a , II , VENUE 3. Venue is proper in Cumberland county under Rule 1503 of the Pennsylvania Rules of civil Procedure, as it is the county in which the conduct complained of took place. III, FA~'I'J! 4. In or about March 1994, Merrill Lynch hired Diggins to be trained and employed as a financial consultant in Merrill LynCh'S Camp lIill, Pennsylvania office. 5. In consideration of his employment with and training by Merrill Lynch, Diggins executed an Aareement To Reoav Costs of Trainina prior to commencing his employment with Merrill Lynch, which provided in pertinent part as follows: 1. In tha avant that I partioipata in a Marrill Lynoh Traininq proqram and th.reafter re.ign, provoke the termination of my employment, or am terminated for cause, within two full y.ar. from tha date I a. a.aign.d a Marrill Lynoh produotion nUllber ("Production Date"), I agrae to pay Merrill Lynoh liquidatad da.agaa in tha a.ount of Thirty- Biqht Thou.and Dollar. ($38,000). This amount is to be reduced by Nineteen Thousand Dollars ($19,000) on the first anniversary of the Production Date (one year later) and will further be reduced by $19,000 on the second anniversary of the Production Date (two years later). There will be no pro rata reduction for a "partial" year of employment. (A copy of Diggins' Agreement To Repay~ts of Trainina is attached hereto as Exhibit "A") (emphasis added) . 2 6. Merrill Lynch provided the aforementioned training to Diggins, and has otherwise met all conditions precedent. Specifically, Diggins participated in the Merrill Lynch "POP" program during which time he received extensive training from Merrill Lynch as well as a guaranteed salary. 7. On or about July 5, 1994, Diggins completed his training and was assigned a Merr ill Lynch production number. 8. In September 1994, roughly three months later, Diggins voluntarily terminated his employment with Merrill Lynch. 9. Because Diggins' employment with Merrill Lynch was terminated within 12 months of his assignment of a Merrill Lynch production number, pursuant to his Aqreement to Reoav Costs of Trainina, he owes Merrill Lynch liquidated damages in the amount of $38,000. 10. On September 22, 1994, Merrill Lynch wrote to Diggins declaring the $38,000 immediately due and payable and demanding repayment. (A copy of the demand letter is attached hereto as Exhibit "B"). 11. To date, Diggins has refused to pay the amount he owes to Merrill Lynch. IV, DRI!JACH OF CC:;~8AQ1' 12. Diggins had a duty under his contract with Merrill Lynch to pay liquidated damagers in the event he resigned prior to the second anniversary of the date on which he received his production number. 3 . . 13. Merrill Lynch provided Diggins with all required and adequate consideration and has satisfied all conditions precedent. 14. In light of the foregoing facts, Diggins' failure to repay Merrill Lynch its training costs as agreed constitutes a breach of his contract with Merrill Lynch (~ Exhibit "A"). 15. Merrill Lynch has suffered financial harm as a result of this breach. WHEREFORE, Merrill Lynch requests entry of judgment in its favor and against Diggins in the amount of $38,000, plus interest, together with Merrill Lynch's costs, and such other or further relief as the Court deems just under the circumstances. Datedl May L/, 1995 Respectfully submitted, t1~/((- - Christopher P. stief, Esquire Supreme Court 10 I 72505 RUBIN & ASSOCIATES 10 South Leopard Road, suite 202 Paoli, Pennsylvania 19301 610/408-2007 Fax 610/408-9040 Attorneys for Claimant Merrill Lynch, pierce, Fenner & smith Inc. . ,\ , , !~ ~.: , :!j " I I I. " I ,'!" !i fdj n~' . , L , , t " .' , , " , , 1- I '.; . , . " If I. . 1.+ " , t" I '. ' +'1 Ai " iI!l , ", I J. (!c 'I'; I, ~~~ _-j..yt.-<- (, . )Jv...~'l<- d,' J!. ( , I' . ,- ( to' .. '" / ,~-,--:",,/ '" :.' ,..-' ,.,- "j :j" t ~ lo" I II 1 II. . !, , I , , II, I, I" II: i, l'n ThE! Court cT C=mmcn rle:::'3 :;f C:J:'..~.:.:lt'l=nd c.:Ju,;;-"y, ?annsyl'lc:r:lo Merrill (,ynr:h, Pierce, Fenner ~ Hnilh Inc. 'is. Ilemard J. Diggins 1)'1-2430 Civil Tenn ':l .---- ~Q. ...--..--"-"-" :-tow, May OB, 199'1 :9_ I, S:~~1 0:: C~~G:::...!..A..'fD COt.i-l':'Y. ?o\... co h==-..b)' ci..-;:u= cJ:.: SI='..i oi Dauphin C ,. 'V' .Ju:.ry :0 ~'"':=-.1tc ':.:1S . ::-:, =:s '::puc::cu 1:cbi -"..:,. 1t = ~ :::d :-:.Jk of ::e ?!1i::=r. ."... -,"'~ ~ ','.' .,~:; (..~.:'c ,..., ..-1' ,...... :..-..;' :.....1' . If .~ I . . . .~.//:;l ~-', :r" ,.,.' ... '40 ..,.Gt,. Sh..~ Q( c;:::::o=d CJ\I:llT. i'3. Affida.vit or Sem= :-fow, ~9 o'.:.!cdr. ~l. 1C'"."C'.i .. .- , :.:= ~thin '.lpoa :Lt '=r ~cii:q :0 a. ~P1 of == :l::!'-,I :a.nd -.". bDWU :0 ~ .:::nc:::s :..~c:::L So :u:uw=. Shc:'JJ .1 CollAlT, h_ SWCr:1 md rJbsc:-J:d bc!Onf COSTS SL1.V1CZ ~nu."GE ,.vtIDA VIT J :::.:.!.s_byol l!l_ ___~_'_."'U' s .- "---' " . RUBIN , ASSOCIATES Chrietopher P. stief, Esquire supre.e court 1.0. No. 72505 10 South Leopard Road suite 202 paoli, PA 19301 (UOI 408-2007 ('101 408-9040 (TelecoPYI MBRRILL LYNCH, PIERCE, FENNER , SMITH INC, IN THB COURT OF COMMON PLIAS 214 Senate Avenue, CUMBIRLAMD COUNTY, PENNSYLVANIA ca.p Hill, PA 17011, plaintiff, v. CIVIL ACTION - LAW. ..-c NO.q S--.).4-30 u<.Al f~ . ' BBRNARD J. DIGGINS, 1051 Hillviev Lane Herehey, PA 17033, Derendant. SUMMONS TRUE COPY FROM RECORD In Tll5t\mOlly whllreol. , here unto lit "" hI/llI and IhI ~ oC sald~Coo II ca~~, Fl. NOTICB (fJ}.1.J. J" Ii ,. _ 11 lUf n i.. YOU HAVB BBEN SUED IN COURT, IF YOU WISH TO DEFEND AGAINST THE CLAIMS SET FOIlTH IN TilE FOLLOWING PAGES, YOU MUST TAKE ACTION WITIIIN TWENTY (20) DAYS AFTEIl THIS COMPLAINT AND NOTICE AilE SERVED BY ENTERING A WRITTEN APPEARANCE PERSONALLY OR BY ATTORNEY AND FILING IN WRI'I'ING WITII TilE COURT YOUR DEFENSES all OBJECTIONS TO THE CLAIMS SET FORTH AGAINST YOU. YOU ARE WARNED THAT IF YOU FAIL TO DO SO, THE CASE MAY PROCEED WITIIOUT YOU AND JUDGMENT HAY BE ENTERED AGAINS'r YOU BY THE COURT WITIIOUT FURTHER NOTICE FOR ANY MONEY CLAIMED IN THE COMPLAINT OR FOR ANY OTHER CLAIM OR RELIEF REQUESTED BY THE I'LAINTUF. YOU MAY LOSE MONEY OR PROPERTY OR OTHER RIGHTS IMPORTANT TO YOU. YOU SHOULD TAKE THIS PAPER TO YOUR LAWYER AT ONCI. IF YOU DO NOT IIAVE A LAWVER OR CANNOT AFFORD ONE, GO TO OR TELEPIIONE 'I'HE OFI'IC~~ SE'r FORTH BELOW '1'0 FIND OUT WHERE YOU CAN GE'I' LEGAL, HELl'. COURT AUM! N! STRA'I'OR CUMBEIlLANIl COUNTY COlJllTIIOUBE One Courthouse UquRro carlislo, PA 17013 Telephono: ('117) (,()'}-O3'1l .~ IWIOg UIi'I'ED IIA :; IIJCJ IlEMANIJAlJO EN LA CllH'I'I:. II lust ert dose" dofenderse lie la6 '1\101ao OXP\l,wtilB nil lau p,1qinilo Sil]uientee, debe tomar aecion dontro <10 vointo (20) <lias a partir de la [echa en que recibio la demnnda y 01 avieo. Usted debe presontar comparecencia oscrlta en persona 0 por abogado y presentar en la Corte por escrlto BUS de[ensae 0 sUs objoclonos alas demandas en su contra. Se la avisa quo sl no SO defienda, 01 caso puede procedor sin usted y la Corto puedo decidlr en su contra sln mas aviso 0 notificacion por cunlquier dinoro roclamndo en In domnnda 0 por cualquier otrn quejn 0 compensaclon reclamndos por 01 Demandante. USTED PUEDE PERDEIl III NEHO, 0 PHOPI EDADES tJ O'I'HOS llEHECIlOS IMPORTANTES PARA US'I'EIJ. LLEVE ESTA DEMANDA A UN ABOGADO INMEDIATAMENTE. SI USTED NO TIENE 0 NO CONOCE UN ABOGAOO, VAYA 0 I,LAME A LA oFlCINA EN LA DIRECCION ESCHITA AIlAJO PARA AVERIGUAR DONDE PUEDE OBTENEH ASISTENCIA LEGAL, COUR'I' ADMIN I STHA'I'OR CUMBEHLANLJ cOUNTY COURTHOUSE one courthouse square carlisle, PA 17013 Telephone: (717) 697-0371 Datedl May 1, Respectfully submitted, //- //1 / - ~7/ /C / -} /' I - - L// ( , Christopher P. stlef, Esquire supreme Court 10 I 72505 RUBIN & ASSOCIATES 10 South Leopard Road, suite 202 Paoli, Pennsylvania 19301 610/40B-2007 Fax 610/40B-9040 1995 Attorneys for Claimant Morrill Lynch, piercer Fenner & Smith Inc. 3 .' ,... II, VENUB 3. Venue is proper in cumberland county under Rule 1503 of the Pennsylvania RUles of civil Procedure, as it is the county in which the conduct complained of took place. III, FACTS 4. In or about March 1994, Merrill Lynch hired Diggins to be trained and employed as a financial consultant in ' Merrill Lynch'S camp lIill, pennsylvania office. 5. In consideration of his employment with and .. training by Merrill Lynch, Diggins executed an Agreement To Reoav Costs of Trainina prior to commencing his employment with Merrill Lynch, which provided in pertinent part as follows: 1. Xn tha avant that I partioipata in a Marrill Lynch Trainin9 Pro9ra. and tharaartar ra.i9n, provoke the termination of my employment, or am terminated for cause, within two rull yaar. rro. tha data I a. a..i9nad a Merrill Lynoh produotion nuaber ("Production Date") I I ague to pay Merrill Lynoh liquidatad 4a.a9a. in the ..ount of Thirty- Bight Thou.and Dollar. ('38,000), This amount is to be reduced by Nineteen Thousand Dollars ($19,000) on the first anniversary of the production Date (one year later) and will further be reduced by $19,000 on the second anniversary of the Production Date (two years later). There will be no pro rata reduction for a "partial" year of employment. (A copy of Diljgills' Ag~n~nL.T!LRtlPi!y_r;Q!!tl!.-!2Ll'.t:illu1ng is attached hereto all Exhibit "A") (emphasis ndded). .-' 2 6. Merrill l,ynch provided the aforementioned training to Diggins, and has otherwise met all conditions precedent. SpecificallY, Diggins participated in the Merrill Lynch "POP" program during which time he received extensive training from Merrill Lynch as well as a guaranteed salary. 7. On or about July 5, 1994, Diggins completed his training and was assigned a Merri 11 Lynch production number. 8. In September 1994, roughly three months later, Diggins voluntarily terminated his employment with Merrill Lynch. 9. Because Diggins' employment with MerrillLynch was terminated within 12 months of his assignment of a Merrill Lynch production number, pursuant to his Agreement to Repav Costs of Trainina, he owes Merrill Lynch liquidated damages in the amount of $38,000. 10. On september 22, 1994, Merrill Lynch wrote to Diggins declaring the $38,000 immediately due and payable and demanding repayment. (^ copy of the demand letter is attached hereto as Exhibit "B"). 11. '1'0 date, Diggins has refused to pay the amount he owes to Merrill Lynch. Iy~QJl or CONTRACT 12. Diggins had a duty under his contract with Merrill Lynch to pay liquidated dama(jPrs in the event he resigned prior to the second annivel"aary of the elate on which he received his production number. " .1 3 . , 13. Merrill Lynch provided Diggins with all roquired and adequate consideration and has satisfied all conditions precedent. 14. In light of the foregoing facts, Diggins' failure to repay Merrill Lynch its training costs as agreed constitutes a breach of his contract with Merrill Lynch (see Exhibit "A") . 15. Merrill Lynch has suffered financial harm as a result of this breach. WHEREFORE, Merrill Lynch requests entry of jUdgment in .' its favor and against Diggins in the amount of $3B,000, plus interest, together with Merrill Lynch's costs, and such other or further relief as the Court deems just under the circumstances. Datedl May L/, 1995 RespectfUlly submitted, 0'~ Christopher P. stief, Esquire Supreme Court 10 I 72505 RUBIN & ASSOCIATES 10 South Leopard Road, Suite 202 Paoli, Pennsylvania 19301 610/40B-2007 Fax 610/40B-9040 Attorneys tor Claimant Merrill LynCh, Pierce, Fenner & Smith Inc. 4 ."