Mealey's Securities/D&O Liability - Shareholder: Directors And Officers Participated In Wrongful Compensation Plan

Mealey's Securities/D&O Liability - Shareholder: Directors And Officers Participated In Wrongful Compensation Plan

LOS ANGELES - A company shareholder claims in a suit filed in federal court in California on May 15 that certain company directors and officers breached their fiduciary duties regarding a stock compensation plan when the company was losing large amounts of money (Steve Roof v. Sterling C. Scott, et al., No. 14-cv-03777, C.D. Calif.).

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