DOJ Forces Overlapping Board Members At 5 Cos. To Resign

Summary

Law360 (October 19, 2022, 9:06 PM EDT) -- The U.S. Department of Justice announced Wednesday what is perhaps its most aggressive ever use of its authority to challenge "interlocking directorates" with the pressured resignations in recent weeks of seven board members across 10 companies that antitrust enforcers said had too much competitive overlap to permit mutual leadership.