The former management team of Guzman y Gomez has accused the board of forcing its CEO into a secret plan involving cult-like life coaches and non-legal advisors. They also claimed that the leadership team exhibited racism and ageism.
The lawsuit has been settled with a $1 million payment to the complainants and the buyback of $15.9 million in shares.
Source: Law Daily Report (lawdailyreport.net)
Guzman Y Gomez CEO Management Team Lawsuit Settlement Racism Ageism
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