Taipei Times
Date: Apr 20, 2019
By: Jason Pan  /  Staff reporter

Hon Hai Precision Industry Co has lost a lawsuit over chairman Terry Gou’s (郭台銘) firing of a top executive for missing a meeting, with the Supreme Court yesterday ordering the company to compensate the executive about NT$17.95 million (US$581,999) in severance pay and stock options.

The court in its final verdict upheld a decision by the High Court in favor of Gary Hsieh (謝冠宏), former general manager for Hon Hai’s Innovation Green Digital Business Group (IGDBG).

Hsieh now serves as chairman of audio electronics producer 1More Technology Co.

Hsieh sued Hon Hai after Guo fired him in 2012, saying that he did not receive severance pay or compensation.    [FULL  STORY]