The Delaware Court of Chancery on March 3 awarded a former officer of OptimisCorp $1.8 million to cover the cost of successfully defending allegations that he had plotted to remove a physical services company's chief executive back in 2012.
March 06, 2017 at 06:34 PM
1 minute read
The Delaware Court of Chancery on March 3 awarded a former officer of OptimisCorp $1.8 million to cover the cost of successfully defending allegations that he had plotted to remove a physical services company’s chief executive back in 2012.
In a 17-page memorandum opinion, Vice Chancellor Joseph R. Slights III said that all of the claims against William Horne arose by reason of his position as chief financial officer, a post he held from 2008 to 2013.
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