The New York Post – A former hedge fund portfolio manager is suing his former employer claiming he was stiffed on his compensation at a time when he needed cash to care for his cancer-stricken son.
Stephen Czech claims that Jonathan Bauer, who runs the roughly $4 billion Contrarian Capital Management in Greenwich, Conn., is withholding Czech’s regular base pay and bonus "arbitrarily," according to a lawsuit filed in state court in Stamford.
The teeth of the complaint centers on an approved personal leave of absence that Czech had taken from Jan. 6 to Feb. 16 to seek medical attention for his 11-year-old son, who had been diagnosed with an inoperable brain tumor.
Czech alleges that during his leave his already shaky relationship with Bauer became contentious as Bauer became increasingly unreasonable about paying more than $1 million in total compensation owed to him.
Czech was racing to gather funds for pre- and post-operative medical attention to save his son’s life and treat a plum-size tumor at the base of his brain stem.
