The Indiana Supreme Court will hear a case Feb. 23 in which a trial court and the Indiana Court of Appeals reached opposite conclusions about whether key HHGregg managers were entitled to incentive bonuses triggered by the company’s receipt of $40 million from an executive’s life insurance proceeds.

Dwain Underwood represents a class of about 70 high-level HHGregg employees who at the beginning of fiscal year 2012 were provided total rewards statements from the company. The statements said based on HHGregg’s earnings before interest, taxes, depreciation and amortization that they would be entitled to bonuses of $12,500 to $30,000 each if the company met EBITDA revenue targets. READ MORE