In Brief: Del Labs
This article was originally published in The Rose Sheet
Executive Summary
Del Labs: Shareholder Larry Zucker sues Del's board of directors on Aug. 9, charging the board with breaching its fiduciary duties when it agreed to settle a government suit alleging that Del Chairman, President and CEO Dan Wassong sexually harassed former employees ("The Rose Sheet" Aug. 7, p. 10). Del agreed to pay $1.2 mil. under the EEOC settlement and said it will retain Wassong in his current position...