(Reuters) - Experts say lax corporate governance at ESSI, once a Nasdaq
darling, allowed questionable behavior at the St. Louis-based
defense contractor to go unchecked for years.
The latest twist in the ESSI saga came on Thursday evening
when the U.S. Attorney in St. Louis unveiled indictments that
accuse ESSI co-founder and chairman Michael F. Shanahan Sr. and
his son and former director, Michael F. Shanahan Jr., of
backdating options.
Read more at Reuters.com Government Filings News
darling, allowed questionable behavior at the St. Louis-based
defense contractor to go unchecked for years.
The latest twist in the ESSI saga came on Thursday evening
when the U.S. Attorney in St. Louis unveiled indictments that
accuse ESSI co-founder and chairman Michael F. Shanahan Sr. and
his son and former director, Michael F. Shanahan Jr., of
backdating options.
Read more at Reuters.com Government Filings News
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