The former management team of Guzman y Gomez has accused the board of forcing its CEO into a secret plan involving cult-like life coaches and non-legal advisors. They also claimed that the leadership team exhibited racism and ageism.
The lawsuit has been settled with a $1 million payment to the complainants and the buyback of $15.9 million in shares.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more: