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The Daily Herald: Noorda Family, Ousted Canopy Execs Locked in Power Struggle

Feb 09, 2005, 19:30 (1 Talkback[s])
(Other stories by Grace Leong)

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"The shell has cracked on a secretive power struggle within the leadership of a high-profile Lindon venture capital company with claims surfacing of the founder's incompetence, millions of dollars in undue bonuses, and the tragic suicide of a key employee.

"Details of the Canopy Group's volatile Dec. 17 change in command, and a resulting hostile work environment that allegedly pushed a longtime employee to commit suicide and resulted in the loss of nine of the company's 12-person work force, emerged in dueling lawsuits filed in late January..."

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