Civil Litigation
Dec. 1, 2017
Judge to decide if actions were illegal or incompetent
The case pits minority shareholders against majority shareholders and executives accused of illegally backdating stock options.
Reeves
SANTA ANA — Closing arguments in a contentious breach of fiduciary duty bench trial left a judge pondering a crucial question Thursday: Were the actions of company executives illegal or simply incompetent?
Orange County Superior Court Judge Ronald L. Bauer heard 2½-hour closing arguments from both sides in a case pitting minority shareholders of a booming nutritional supplement company against majority shareholders and executives ac...
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