Biting the Hand

Suing your own company

Richard B. Black, 48, won a place in the Guinness Book of World Records in 1978 for running the fastest continuous vertical, mile, up and down the stairs of Chicago's Lake Point Tower (time: 2 hr. 9 min. 45 sec.). Now Black has achieved a very different kind of notoriety. He is a chief executive officer who is suing the company he worked for. Black has filed a lawsuit that accuses his former employer, AM International, and some of its ex-executives of misrepresenting the firm's financial condition when he was...

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