Former CEO Sues Oanda
FRONT PAGE NEWS
NEW YORK -- Tim Kelly, former chairman and chief executive of currency trading and information site Oanda, filed a breach of contract suit against the company in April.
Kelly told FX Week the suit, filed in the New York State Supreme Court, stems from the August 2000 dismissal of the entire Oanda board, including Kelly, by majority shareholders Michael Stumm and Richard Olsen. This, said Kelly, was to avoid an audit of Oanda parent company, Zurich-based Olsen Group, which was then insolvent, he
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