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Thursday, November 21, 2019

Shareholders accuse company officers of theft

By Michael Abella | Aug 1, 2016

Law money 04

BELLEVILLE — Two shareholders are suing family members and company officers, alleging intentional theft of money.

Robert G. Fournie, Sr. and Kenneth D. Fournie filed a lawsuit July 7 in St. Clair County Circuit Court against Fournie Contracting Company Inc., Karen Fournie and James Fournie, alleging the defendants conspired to usurp corporate opportunities.

According to the complaint, Robert Fournie, Sr. and Kenneth Fournie suffered monetary damages for not receiving dividends of more than $50,000. The plaintiffs allege the defendants converted and stole the assets and goodwill of their company, failed to observe corporate formalities and failed to pay dividends.

The plaintiffs seek trial by jury, an order for an accounting of the company to determine the actual amount of compensatory damages and an award of more than $50,000, plus punitive damages of more than $50,000 and legal costs. They are represented by attorneys Michael S. Williams and Kristi Vetri of Belleville.

St. Clair County Circuit Court case number 16-L-346

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St. Clair County Circuit Court