Two Senior Executives Liable for Millions in Misappropriation and Breach of Fiduciary Duty Case
Associated Press (Anna Jo Bratton) is reporting that a state district court judge in Lancaster County, Nebraska tagged two Nebraska Municipal Power Pool executives with millions of dollars in damages arising out of their scheme to use American Public Energy Agency's "company information, financial data and copyrighted material." View Article. It appears that Nebraska Municipal Power Pool ("NMPP") previously provided services to American Public Energy Agency. Then the two NMPP executives decided to create their own agency to compete with American Public Energy Agency. AP also reports that the two executives attempted to steal away American Public Energy Agency's customers in an effort to eliminate or severely harm the company.
I have not been able to locate a copy of the opinion, but I am hoping that it will be up on a website or a search service soon. If I find it publicly available, I'll try to post a link to the judge's decision.
