Former GC found liable for $148M

by Editors on August 30, 2015

 photo$148 million is a lot of pineapples:

“A Delaware judge on Thursday found two Dole officials liable for $148 million for driving down the company’s stock price in a 2013 leveraged buyout.  Found liable were chief executive David Murdock, who was able to buy the business at a lower price, and then-general counsel C. Michael Carter, who was promoted to president and chief operating officer after the buyout…”

Read: Former Dole general counsel and CEO found liable for $148M for undervalued buyout at the American Bar Association

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