2009), applying New York's faithless servant doctrine, the court held that a company's employee who had engaged in financial misdeeds and sexual harassment must "forfeit all of his salary and bonuses for the period of disloyalty.
2013), the leading case by a New York federal district court applying New York's faithless servant doctrine in Manhattan in the Southern District of New York, United States District Judge Shira Scheindlin held that a hedge fund's employee engaging in insider trading in violation of his company's code of conduct, which also required him to report his misconduct, must repay his employer the full $31 million his employer paid him as compensation during his period of faithlessness.
"[13] The judge also wrote: "In addition to exposing Morgan Stanley to government investigations and direct financial losses, Skowron's behavior damaged the firm's reputation, a valuable corporate asset.
20, 2018), which involved a legal recruiter accused of disseminating proprietary information to competitors in return for kickbacks, who was required to pay back her employer more than $2.7 million.
[6][16][10] The faithless servant doctrine has also been applied by courts in the states of California, Maryland, Georgia, Missouri, New Jersey, and Oregon.