A Suffolk Superior Court judge has allowed the City of Boston's lawsuit against chef Barbara Lynch to proceed. Concurrently, the iconic San Francisco restaurant House of Prime Rib is facing its own lawsuit. In a related legal matter, a judge has ruled that two private equity firms, Nautic Partners and Vistria Group, enabled 'egregious' behavior by assisting a top healthcare executive, April Anthony, in breaching her fiduciary duty. This ruling could set a precedent for future cases. Additionally, a California restaurant owner is seeking millions in damages from his chief financial officer, who has also initiated a lawsuit against the business. In another case, litigation financing company LexShares will face a discrimination suit filed by former CEO Cayse Llorens, although a federal judge dismissed claims against two board members.
Litigation financing company LexShares must face the discrimination suit filed by former CEO Cayse Llorens. Federal Judge Patti B. Saris in Massachusetts did, however, let two board members off the hook. Read the story from reporter Riley Brennan here: https://t.co/c2jWP3YCOA https://t.co/xfHA6kUZgQ
Judge cites deceptive acts by Nautic Partners and Vistria Group dealmakers as they worked with April Anthony, an Encompass Health executive, to set up a competitor https://t.co/keNMLYEc1W
The chef and owner of a popular California restaurant is seeking millions of dollars in damages from his chief financial officer, who has also sued the business. https://t.co/F8wKBMrFbF