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Jul
8th
Judge rules in favor of Gravity Payments CEO Dan Price

A King County Superior Court judge on Friday ruled in favor of Gravity Payments CEO Dan Price on all counts in a lawsuit waged by his brother, Lucas Price, who co-owns the company.

Lucas Price filed a lawsuit in last year alleging Dan Price excessively compensated himself and cut Lucas Price out of key company decisions, denying his rights as minority owner. Lucas Price asked the judge to force Dan Price to buy out his shares.

Judge Theresa B. Doyle wrote Lucas Price failed to prove those claims?

Added on 07/08/2016

by Business Broker Blog


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