that’s bananas

(Port of San Diego)

Judge Says Top Dole Execs Owe Shareholders $148M For Driving Down Company’s Stock Price Before Buyout

Two top executives at Dole are on the hook for $148 million after a judge ruled that CEO and chairman of the board David H. Murdock, and the company’s former chief operating officer, C. Michael Carter fraudulently drove down their company’s stock price so they could shortchange shareholders and buy the business on the cheap. [More]