McAfee
McAfee v. Metropolitan Life Insurance
Opinion
Opinion
Shubb, J.
MEMORANDUM OF DECISION
Plaintiff Ryan McAfee and defendant Metropolitan Life Insurance Company (“MetLife”) dispute the value of plaintiffs performance-based stock options for purposes of calculating his monthly disability benefits. On November 17, 2008, the matter was tried to the court, sitting without a jury. The following memorandum constitutes the court’s findings of fact and con elusions of law pursuant to Federal Rule of Civil Procedure 52(a).
I. Factual and Procedural History
A. Background
Plaintiff was Vice President of Research at PeopleSoft Inc. in Pleasanton, California. (Defs.’ Resp. to PL’s Undisputed Facts 2:3-7.) On October 3, 1999, plaintiff was injured in a fall resulting in the paralysis of the lower half of his body. (PL’s Resp. to Def.’s Undisputed Facts 2:6-9; Compl. ¶ 8.) Despite his injury, plaintiff continued to work remotely from his house in Canton, Ohio, from December 1999 to June 2001. (Supp. Admin. R. (“SAR”) 3044.) He then moved back to California in June 2001 and “worked alternately 2-3 days a week from home and 2-3 days a week in the Pleasanton office.” (Id.) However, due to the physical and mental strain involved, plaintiff stopped working on…