Spitzer May File Suit to Recover Grasso’s Pay
From Associated Press
New York Atty. Gen. Eliot Spitzer’s office is moving toward a lawsuit against former New York Stock Exchange Chairman and Chief Executive Richard Grasso to recover his $187.5-million pay package, two sources said.
Attempts at negotiation between Spitzer’s office and Grasso’s representatives have not been fruitful, the sources said. A spokesman for Grasso denied talks had been held.
Get the L.A. Times Politics newsletter
Deeply reported insights into legislation, politics and policy from Sacramento, Washington and beyond. In your inbox three times per week.
You may occasionally receive promotional content from the Los Angeles Times.
