Investors Say PSG Case Should Continue Against Ex-Execs
Law360, New York (December 6, 2016, 4:52 PM EST) -- A group of investors in a class action suit alleging Performance Sports Group, the company behind sports equipment brands Bauer Hockey and Easton Sports, misled them about the now-bankrupt company's value asked a New York court Monday to allow their claims against a pair of company officers to proceed, saying the officers should not be allowed to use the bankruptcy proceedings as a shield.
The investors claimed there was no legal justification to grant former PSG chief executive officer Kevin Davis and former president of brands Amir Rosenthal's motion to extend the stay PSG's October bankruptcy has imposed on their case...
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