Karmanos Wins Again: Michigan Supreme Court Unanimously Rejects Appeal of $16.5 Million Award
LANSING – The Michigan Supreme Court yesterday unanimously rejected Compuware Corporation’s request for further appeal of an arbitrator’s $16.5 million award to Peter Karmanos. Jr. arising out of Compuware’s wrongful termination of his consulting agreement and stock options in 2013. Karmanos, the co-founder and longtime Chairman and CEO of Compuware, retired in May 2013 and entered into a six-year...
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