01-11-2007, 12:04 PM
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 Investors try to block Nardelli payouts
Quote: Investors try to block Nardelli payouts
By HARRY R. WEBER, AP Business Writer Wed Jan 10, 6:54 PM ET
ATLANTA - A group of shareholders of The Home Depot Inc. on Wednesday tried to block, at least for now, the world's largest home improvement store chain from paying former Chief Executive Bob Nardelli any more of his $210 million severance package.
The request for a temporary restraining order was made in Fulton County Superior Court by the shareholders as part of a previously filed lawsuit alleging that the Atlanta-based company overpaid senior executives and backdated stock options in violation of their fiduciary duties.
| Investors try to block Nardelli payouts - Yahoo! News |
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