cal code sec 203 for penalty when employee is  ceo and president of
corporation. he is the plantiff. HEARING IS 9/14. My corporation hired
a presitdent and Ceo
to run company. He spent all
of the money and ran the company nearly to the state of bankrupcy and
left us with debt. He did not pay himself for four months.BOD let him
go. we had no money to pay him his back salary at time of termination.
He is taking us to the
labor board for salary plus penalties. we have been paying him monthly
to satisfy past  salary. is he entitled to the penalties? He now works
for one of the companies he contracted with whom we now owe  money.