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Business Law
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Q.
I am a 40% owner of an S-Corporation in Virginia. I have not received a paycheck in over a year. I felt I was making a sacrifice to help the company survive a down turn in sales. My partner (60%) just fired me. Am I owed back wages and vacation time; can I file for unemployment? He is going with the argument that I am an owner, not an employee. My sacrifices will be added to the partners' account of monies lent to the company. I feel I should have the same rights as any employee. I truly feel victimized.
-- anonymous
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