Word: sol
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Dates: during 1960-1969
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...some stockholders, Chrysler's management was not moving fast enough. Three of them filed suit last week asking that Chrysler, ninth largest U.S. company, be placed in receivership. The three stockholders: Chief Chrysler Critic Sol Dann, a Detroit lawyer, Samuel S. Schwartzberg, a New York Chrysler stockholder, and Detroit Attorney Karl S. Horvath, a former production manager of Chrysler's Twinsburg, Ohio plant. Charging "gross and unconscionable mismanagement" and "fraudulent practices dating back to 1940," the suit-third to be filed by Chrysler stockholders in the past month-charges three top Chrysler officials with improper dealings with suppliers...
Stockholder Sol Dann, a Detroit lawyer and self-appointed watchdog for Chrysler's stockholders who has long been publicly charging "corruption" against Chrysler brass, announced that he would file suit on behalf of the stockholders against Chrysler's management to see if any more cash might be recovered...
...speculation was that Newberg had been caught in unauthorized negotiations with American Motors' President George Romney about a Chrysler-Rambler merger. Romney promptly denied it. Chrysler Stockholder and Chief Gadfly Sol Dann (TIME, May 2) hinted to reporters about shady dealings within the company, fired off a telegram to the Chrysler directors requesting them to "name the certain corporate policies upon which they differed, and specify which of these men was attempting to correct or remove any acts of corruption." Chrysler's reply: "No comment...
Hardly had Chrysler President Lester Lum ("Tex") Colbert gaveled the annual meeting to order last week than Detroit Lawyer Sol A. Dann, owner of 5,100 Chrysler shares and a self-styled management "gadfly," started a harangue that lasted better than half of the 2½-hour meeting...
...Hardened Sol. By the end of 1959, after eight months in office, Beltrán had written an impressive record. He repaid a Peruvian debt of $14.5 million to the International Monetary Fund. Foreign exchange reserves climbed to $11 million. Exports topped imports by nearly $25 million. The sol hardened...