Employee can’t cite ‘stock-loss stress’ for workers’ comp claim. — Business Management Daily: Free Reports on Human Resources, Employment Law, Office Management, Office Communication, Office Technology and Small Business Tax Business Management Daily
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Employee can’t cite ‘stock-loss stress’ for workers’ comp claim.

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After a California utility worker saw his $200,000 in company stock plummet in value, he left work and filed a workers' compensation claim, citing stress. While the state workers' comp board said he was entitled to benefits, a court said 'No,' ruling that his stock losses (and resulting stress) were no different from what the public experienced. "Allowing employees to recover benefits for psychiatric injuries caused by this type of stress would subject employers to virtually unlimited liability," the court said. (Pacific Gas & Electric Co. v. Workers' Compensation Appeals Board, No. A101872, Cal. App.1, 2004)

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