Law360, New York (February 03, 2012, 6:32 PM ET) -- An Oklahoma federal judge on Friday refused to dismiss a shareholder derivative suit in which one of the co-founders of staffing giant Express Services Inc. accuses his fellow founder of using the company as a personal piggy bank, allegedly taking from it well in excess of $141 million.
In his complaint, William H. Stoller, who helped create Express Services in 1983, alleges company CEO and chairman Robert A. Funk broke an agreement they reached to only remove from the company an equal amount of money and...
Express Services Founder Can't Dodge Looting Battle
To view the full article, take a free trial now.
