NICHOLAS M. SCHMITZ v. VERDAD ASSET MANAGEMENT, LLC; VERDAD ADVISERS, LP; DANIEL RASMUSSEN
The Fourth Circuit affirmed the dismissal of a former employee's claims for unpaid profit-sharing, ruling that oral agreements contradicting a written contract's 'Entire Agreement' clause are unenforceable. The court held that the written contract's explicit statement of 'full compensation' barred quasi-contractual theories like promissory estoppel and unjust enrichment.