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NPA Board Members Argue Investigating The CEO Was Part Of Their Job

This article was originally published in The Tan Sheet

Executive Summary

NPA's amended complaint includes a purported email trail showing the self-professed "shadow board" plotted to remove CEO Daniel Fabricant. In a motion to dismiss, board members argue that while NPA alleges "a breach of fiduciary duty … they satisfied, rather than violated, their fiduciary duties."

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