Express Services Founder Can't Dodge Looting Battle

Law360, New York (February 3, 2012, 6:32 PM EST) -- 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...
To view the full article, register now.




Case Information

Case Title

Stoller v. Funk et al

Case Number



Oklahoma Western

Nature of Suit

Stockholders Suits


Robin J. Cauthron

Date Filed

October 11, 2011

Law Firms


UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.