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Ex-CEO Says He Earned Laser Co. Stock By Saving The Firm

By Vince Sullivan (December 14, 2018, 8:22 PM EST) -- Attorneys for the former executive officer of laser weapons maker Applied Energetics Inc. told a Delaware Chancery Court judge that an injunction seeking to prevent him from selling 25 million shares of stock he gave himself in 2016 should be denied because he earned the stock compensation by saving the company from failure....

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