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November 15, 2009

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LV woman sues employer for stock

Friday, April 28, 2000 | 10:58 a.m.

A Las Vegas woman sued a Naples, Fla.-based communications software developer and its president, alleging they failed to pay her $500,000 in company stock for her services as their Las Vegas representative.

In a Clark County District Court suit, Joy Bell accused Spectrafax Corp. and Thomas J. Conwell of misleading her into thinking she would be paid $3,000 a month plus 100,000 shares of Spectrafax common stock at $5 a share.

She said the company reneged on an agreement to compensate her for her services as its local representative, "the use of a furnished executive sales office, publicity, name recognition, communications, contacts, and introductions to local hotels, casinos and Nevada residents."

Spectrafax's Conwell could not be reached for comment.

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