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Mich. Judge Says Biz Rule Doesn't Shield Ex-Medical Co. CEO

By Danielle Ferguson ( July 25, 2025, 6:44 PM EDT) -- The former CEO of a Detroit-area medical services network must face claims that he ignored warnings regarding an employee who embezzled $3 million from the company, after a Michigan state judge found allegations he breached his fiduciary duties to shareholders overcome a business judgment rule that protects corporate officers. ...

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