California founder fired for ignoring his company's own return-to-office mandate
Key Points:
- William Nieporte, co-founder and former chief compliance officer of $8 billion Bramshill Investments, was fired in 2022 for not complying with the firm's return-to-office policy requiring employees to work onsite five days a week.
- The policy, issued by Nieporte and his two co-founders, mandated a full return to one of the firm's three offices by July 2022, but Nieporte, living in San Ramon, California, did not comply, leading to his termination.
- Nieporte has filed a lawsuit claiming the return-to-office policy was used as a pretext to force him out and seize his 12% ownership stake, seeking at least $30 million in damages.
- His attorney argues the policy applied only to employees, not owners, and that Nieporte had approval to live remotely since 2017; meanwhile, Bramshill denies wrongdoing and calls the accusations fabricated.
- Nieporte currently works remotely for a Nevada startup while the legal dispute with Bramshill continues.