Andrews Corporate Officers and Directors Liability Litigation Reporter
July 30, 2001
Breach of Duty
Copyright (c) 2001 Andrews Publications
CHALLENGE TO PLY GEM CEO'S SEVERANCE PACKAGE SURVIVES DISMISSAL MOTION
In re Ply Gem Indus. Shareholders Litig.
Ply Gem Industries shareholders should have a chance to prove their allegations that they were shortchanged in a merger when acquiror Nortek Inc. dropped its price to reflect the cost of an allegedly extravagant termination pact for Ply Gem CEO...