MPEG Legal Melee May Head to Trial

Spangler, Todd
January 2007
Multichannel News;1/1/2007, Vol. 28 Issue 1, p6
The article reports on the lawsuit filed by MPEG LA LLC against its former CEO Baryn Futa and chief operating officer Maria O'Reilly for corporate waste and unjust enrichment. The company alleged that the two executives engaged in numerous breaches of fiduciary and contractual obligations and other gross mismanagement. However, the two countersued MPEG LA and its current CEO Larry Horn, with Futa saying that MPEG's lawsuit, which is about company control and direction, is ridiculous.


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