Options Grants At Affiliated Prompt Derivative Suit
The suit, filed in a chancery court in Delaware, names all of Affiliated’s directors, with the exception of Livingston Kosberg, Dennis McCuistion and Lynn Blodgett, as defendants. The suit also names former CEO Jeff Rich.
In the complaint, shareholders allege that between 1995 and 2002, all of Rich’s stock options were dated just before...
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