TITLE

MPEG Legal Melee May Head to Trial

AUTHOR(S)
Spangler, Todd
PUB. DATE
January 2007
SOURCE
Multichannel News;1/1/2007, Vol. 28 Issue 1, p6
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
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.
ACCESSION #
24973724

 

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