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Ex-AutoZone CEO Sued Over $1M In 'Short-Swing' Profits

Law 360

Car parts retailer AutoZone Inc. and its former CEO face an investor suit seeking to recover "short-swing" trading profits on behalf of the company that the onetime executive should allegedly be required to hand over.

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Prudential Unit Avoids Sanctions in AutoZone 401(k) Dispute

Law 360

A Tennessee federal judge on Friday denied a motion for sanctions against a Prudential subsidiary stemming from a discovery dispute in a federal benefits lawsuit brought by a proposed class of AutoZone Inc. workers alleging their company mismanaged their employee 401(k) plan.

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