By: Benzinga
Dr. Zhengrong Shi Calls Suntech Power's Purported Removal of Himself as Executive Chairman 'Unlawful'
The Board of Suntech Power Holdings Co., Ltd. (NYSE: STP ) has issued a statement claiming it has purported to remove me as Executive Chairman. I respond as follows: 1. The Board's decision to purportedly remove me was misconceived and unlawful. The Board had no legal basis for doing so,
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