Travelzoo Sold Assets To Founder At Discount: Suit
In a complaint filed in New York state court, shareholder Pamela Kebis said majority shareholder Azzurro Capital Inc. — which is owned entirely by Bartel — and various directors of the company breached their fiduciary duties to shareholders in the 2009 transaction.
"[The individual defendants] cannot prove that the terms of the Asia Pacific transaction...
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