Santé Hedge Fund Employee’s $1.5 Million Jury Award Under Fire

A former Santé Ventures marketing director who won a $1.5 million jury verdict over unpaid bonuses must choose between accepting a fraction of that amount or preparing for a new trial over damages.

Trial evidence shows Youngjoo Rhee was entitled to a $750,000 bonus based on her work to secure a $75 million investment from a pension fund, and that she was paid a bonus of only $300,000, Judge Lewis J. Liman said in a Tuesday opinion. Rhee didn’t prove that she was entitled to an additional $750,000 bonus based on a subsequent $75 million investment, because that deal ...