Jeremy Goldstein Talks About The Benefits And Pitfalls Surrounding Employee Stock Options

Giving employees stock options used to be a more common practice than it is today, according to legal expert Jeremy Goldstein. This was due mainly for four reasons, with the first being to save money. The other reasons included that situations sometimes happened where the value of the company’s stock dropped so far that employees couldn’t exercise their options. This was one of the reasons that some employees didn’t like this way of paying them, and additionally companies didn’t like them because it created burdens for those in their accounting departments. Learn more: https://www.slideshare.net/JeremyGoldstein14/22nd-annual-naspp-presentation-2014

There were advantages to offering this form of compensation, though. The biggest was that it motivates them to work hard so that the company succeeds and is value goes up, making their options worth more. Jeremy Goldstein says that if company’s want to offer these to their employees it’s best to follow a strategy known as “knockout” which means that if the share falls below a certain specified value then employees lose their ability to exercise their options. This resolves many of the problems, he says.

Jeremy Goldstein is an expert when it comes to compensation issues. His specialty is executive compensation practices. He focuses on helping companies resolve issues in particular when a mergers and acquisition transaction is being contemplated. He has been a lawyer since August 1999 in this legal specialty.

In June 2014, Jeremy Goldstein formed his own law firm, Jeremy L. Goldstein & Associates, LLC, in New York City. Among the many well-known firms he has advised are United Technologies, The Dow Chemical Company, Verizon Wireless, J.P. Morgan Chase & Co, and Bank of America Corporation.

Jeremy Goldstein has a number of college degrees. At Cornell University he earned an art history degree and at the University of Chicago he got a master in this subject. He started attending the New York University School of Law in 1996 and in 1999 he was given his Juris Doctor, Law. HIs professional career started in that same year when he starting working for Shearman & Sterling LLP.

Crime in New Brunswick

Across the street from Rutgers University Police Department stands a 206-apartment complex called, “The Quincy”. Some call it one of the best garden apartments in New Brunswick, NJ with its’ rooftop pool, exercise and club rooms, wood floors and other modern amenities. It’s owned by a LLC out of North Quincy, Massachusetts.

Because it is located across the street from a Rutgers University’s Police Headquarter, one would believe it safe to reside in, but there has been a rash of robberies and shootings within the complex.

On May 7, 2013 one such robbery occurred. A pizza delivery man entered the Quincy apartment complex to deliver a pizza, but no one claimed it, so he returned to his car only to find three men waiting for him. He was robbed of his money, pizza and shot. The men then drove away. Eventually the police caught the shooter through his cell phone records. The suspect, named Parysh Wood, 21 years old was later picked up behind other pizza delivery robberies and was being held on $100,000 bond.

The Quincy is now known for its’ violent environment. Its’ residents have been accosted through robberies, and shootings leaving the complex unsafe.

Another area in New Brunswick that has had its’ share of robberies and shootings is the New Brunswick Apartments. One such shooting took place at 33 Commercial Avenue. It occurred on October 5, 2015 at the New Brunswick Apartments. There were four shootings that left one man being admitted to the Robert Wood Johnson University Hospital. Police believe the person who took the victim to the hospital was the shooter. Later the police found multiple bullet cases and started an investigation. Like the Quincy, New Brunswick Apartment is a haven for violence and leaving its’ residence feeling unsafe in their apartments.