Marc B. Cytryn

Biography

Marc B. Cytryn represents management in a wide array of employment matters, including restrictive covenant issues, trade secret disputes, employment discrimination cases, and class and collective wage-and-hour actions under the FLSA and corresponding state laws. 

Marc provides strategic counseling to employers on human resources challenges, emphasizing claim prevention, risk mitigation, and compliance with federal and state employee leave and wage-and-hour regulations. He collaborates closely with clients to develop employment policies and assists with drafting employment agreements, compensation plans, and severance agreements.

In addition to his employment practice, Marc is adept at handling business divorce and shareholder disputes, including exit strategies, buyouts, and shareholder conflicts. He offers strategic guidance and litigation expertise to navigate and resolve these disputes effectively, ensuring smooth operational transitions within businesses.

Representative Matters

• Represented executives and their limited liability companies in two-front litigation, achieving an eight-figure buyout through effective negotiation and strategic leverage, along with a waiver of all restrictive covenants in favor of the executives.
• Obtained summary judgment for a Pennsylvania-based telecommunications contractor and dismissal of a claim brought under the Age Discrimination in Employment Act in federal court.
• Advised an equity holder with a minority interest in a technology company on company governance documents and procedures, successfully negotiating an eight-figure buyout for his minority interest, alongside favorable terms for the client's employment separation, thus avoiding litigation.
• Served as first chair at a hearing to secure a temporary restraining order and then a final injunction to halt unlawful picketing at a project site on behalf of a large pharmaceutical company.
• Obtained affirmative summary judgment for a SaaS provider on a claim for breach of duty of loyalty against a former employee in federal court.

• Advised a start-up business in the financial services industry on employment-related matters and prepared employment agreements for all equity holders, as well as an intracompany employee leasing agreement.

• Prosecuted non-compete violations on behalf of a logistics company, securing a temporary restraining order, preliminary injunction, and final injunction against a former employee.

• Represented a financial services industry executive with a substantial equity interest to secure an eight-figure buyout and favorable separation terms as part of a pre-litigation shareholder dispute. 

• Obtained a temporary restraining order and preliminary injunction against a competitor and former sales representatives of a solar company pursuant to the New Jersey Trade Secrets Act.

• Advised a construction industry client and prepared comprehensive employment agreements, commission plans, and bonus structures for sales representatives across multiple affiliated entities.

• Obtained dismissal of a former employee’s claim for religious discrimination under Title VII in a Virginia federal court on behalf of a start-up company focused on the running industry. 

• Negotiated a favorable settlement for a New Jersey contractor and its principals assessed with more than $5.2 million in withdrawal liability under ERISA.

• Secured a favorable settlement for a Fintech company by obtaining a preliminary injunction in federal court, resulting in minority members relinquishing their interests.

• Guided a cannabis industry client holding a 50% equity interest to reach a deal to expel the other 50% equity holder, thereby gaining total control of the company.