Arco was sued by a former manager over his firing.
The Los Angeles Superior Court suit by William Ariano was the third recently filed by former Atlantic Richfield executives who claimed they were fired in connection with a federal investigation into Arco’s dealings with indicted tax evader and fugitive oil trader Marc Rich. In his suit, Ariano claimed he was wrongfully fired in March, 1984, by company officials who used him as a scapegoat to cover possible illegal oil trading. He is seeking $500,000 in damages.
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