Justices Take Pass on Ad Company's Di...

Justices Take Pass on Ad Company's Dismissal From Shareholder Suit

Nov 9, 2017 Read more: Law.com

The Pennsylvania Supreme Court has declined to hear argument in a shareholder suit in which an advertising company's corporate officers were found liable for accepting for themselves $12 million in proceeds from the company's sale, rather than distributing it. The justices denied allowance of appeal for Fred Potok, who contested a Superior Court ruling upholding the granting of summary judgment in favor of News America Marketing on the grounds that the company had no knowledge of any breach of fiduciary duty on behalf of the individual defendants.

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does this company ever pay its bills? (Oct '14) Oct '14 tiredofwaiting 1