Ex-Lincolnshire CEO Sues To Shake Blame In $99M Award Row

Law360, New York (February 21, 2012, 5:21 PM EST) -- The former CEO of Lincolnshire Management Inc. on Monday sued the private equity firm over a dispute arising from an underlying shareholder suit in which a $99 million award was ordered against two Lincolnshire-related investment firms.

In a complaint filed in New York state court, Steven J. Kumble, now the CEO of Corinthian Capital Group LLC, counters a $11 million arbitration action filed against him by Lincolnshire in January. That case accuses him of instigating a suit against Lincolnshire by two investors who claim that Lincolnshire...
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