Sweetener Co. Altered Data To Avoid Exec Awards, Suit Says
Law360 (August 23, 2018, 4:20 PM EDT) -- A Chicago-based sweetener maker changed internal data to make it look like the company missed its sales target during a three-year incentive-award program so it wouldn’t have to pay hundreds of thousands of dollars in benefits to some of its top executives, according to a lawsuit filed Tuesday in Illinois state court.
The lawsuit against Merisant Company, which makes the popular artificial sweetener Equal, says the company was on track to exceed its revenue target and trigger payments to officials who entered the incentive program, but it “knowingly, deliberately and falsely distorted” financial records to avoid that payout.
Former employees Dan Beck,...
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