Opinion
2:23-CV-03689-SVW-JPR
02-28-2024
IAN GARDNER, individually, Plaintiff, v. GOFOR INDUSTRIES CORP., a Delaware corporation; GO-FOR INDUSTRIES INC., a Canadian corporation; KASHIF SWEET, an individual; and DOES 1 through 10, inclusive Defendants.
JUDGMENT AGAINST DEFENDANTS GOFOR INDUSTRIES CORP., GO-FOR INDUSTRIES INC., AND KASHIF SWEET
Honorable Stephen V. Wilson, Judge.
Pursuant to the Court's ruling on October 24, 2023, granting, in part, Plaintiff's Motion for Default Judgment (Dkt No. 37), it is hereby ORDERED, ADJUDGED, AND DECREED that:
Judgment is hereby entered against Defendants GoFor Industries Corp., Go-For Industries Inc, and Kashif Sweet in the amount of $190,457.77, plus postjudgment interest in the amount of 10% per annum. The amount of the judgment is calculated as follows:
■ $87,500.00 - severance equal to three months' salary.
■ $12,500 - six months of service on Board of Directors.
■ $50,000 - termination fee relating to Plaintiff's dismissal from Board of Directors.
■ $29,166.67 - waiting time penalty.
• $11,291.10 - prejudgment interest on the three-months' severance award calculated at 10% per annum from November 14, 2022 to February 27, 2024.
This judgment constitutes a separate document for purposes of Federal Rule of Civil Procedure 58(a), and, taken together with the judgment entered pursuant to the Court's ruling on February 8, 2024, collectively constitute a final judgment pursuant to Federal Rule of Civil Procedure 54.
IT IS SO ORDERED.