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Former owner alleges Abington Pain Medicine breached stock purchase deal

PENNSYLVANIA RECORD

Thursday, November 21, 2024

Former owner alleges Abington Pain Medicine breached stock purchase deal

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Morguefile.com

PHILADELPHIA — The former owner of a medicine business is suing the buyers of the company, alleging breach of the stock purchase agreement with more than $400,000 owed.

Robin Alpert of Pompano Beach, Florida, also known as Robin Gordon, filed a lawsuit Jan. 5 in U.S. District Court for the Eastern District of Pennsylvania against Abington Pain Medicine PC of Elkins, Pennsylvania, Dr. Vincent J. Thompson III and Paul Edward Parker Thompson, both of Philadelphia, alleging breach of contract and unpaid wages.

According to the complaint, on Dec. 19, 2014, Alpert entered into a stock purchase agreement with Thompson where Thompson would receive 100 percent of the common stock for Abington Pain Medicine in exchange for $250,000. Also, the suit says, there was an employee agreement, which began June 19, 2015, to continue for 24 months, that put Alpert on the payroll and she would receive multiple forms of compensation.

Alpert alleges she has no longer received monthly installment payments since June 19, 2015, and has not received her total compensation package in full at the close of each quarter.

The lawsuit states Alpert has been terminated, and Abington Pain Medicine is in breach of the employee agreement by not paying $150,000 in severance.

Alpert seeks all unpaid wages for the commissions owed, along with court costs and attorney fees. She is represented by attorney Alan L. Frank of Alan L. Frank Law Associates PC of Jenkintown.

U.S. District Court for the Eastern District of Pennsylvania Case number 2:16-cv-00020-PD

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