NEW ORLEANS – A Florida man is suing a local bank for wrongful termination for benefits he claims he should have received from the company merging with a another nearly a year after his termination.
Thomas P. Moseley, Jr. filed suit on Feb. 9 in Orleans Parish Civil District Court against Whitney Bank's corporate parent Hancock Holding Company. Moseley claims he was employed as a senior vice president at Whitney Bank when he entered into an amended and restated employment agreement that would entitle him to severance benefits payable no later than 30 days following a change of control event within a year of his termination.
The plaintiff alleges that he was terminated without cause on July 31, 2010 and that Whitney Bank merged with Hancock Holding Company on June 2, 2011, which was within the one-year time period. Moseley claims he has not yet received the severance payment as agreed upon in the contract.
An unspecified amount in damages is sought for the severance package as previously agreed upon, attorney's fees, legal costs and expenses incurred.
Moseley is being represented by George B. Recile of Metairie-based Chehardy, Sherman, Ellis, Murray, Recile, Griffith, Stakelum and Hayes, LLP.
The case has been assigned to Division C Judge Sidney H. Cates, IV.
Case number 2012-01313