View full page at energyexch.com

 

Key US Natural Gas Exporter Faces Lawsuits Over Employee Stock Options

From bnnbloomberg.ca

US natural gas exporter Venture Global LNG Inc. is facing lawsuits from former employees who say the company blocked them from exercising their stock options. The plaintiffs — ex-advisers Lee Muller and John Ruggirello, former general counsel Paul Dillbeck and Kathryn Lindquist, the widow of former company director Terry Newendorp — say Venture Global’s compensation committee has refused to let them cash in their 10-year options before they expire next year and hasn’t provided a reason for the denials. Both complaints were filed in early July in US District Court for the Eastern District of Virginia. Muller is ... (full story)

Story Stats

  • Posted:
  • Category: Entertainment News