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Venator's UK-Based GC Can't Duck Shareholder Suit In Texas


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Venator s UK-Based GC Can t Duck Shareholder Suit In Texas
Law360 (April 1, 2021, 6:55 PM EDT) The general counsel of chemical manufacturer Venator Materials PLC can t escape an investor class action alleging the company lied about the severity of a facility fire after a Texas federal judge determined the lawyer s extensive contacts with Texas trump the fact that he resides in the United Kingdom.
Venator Materials PLC had asked U.S. District Judge Charles Eskridge to let the company s top lawyer and chief compliance officer, Russ S. Stolle, and Executive Vice President of Business Operations Mahomed Maiter out of the lawsuit in a February 2020 motion, arguing that because they reside in the U.K., U.S. courts had no. ....

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