Cinar Sued Over Stock Options
The newest lawsuit hitting the embattled Cinar Corp. comes from a former exec, over his inability to exercise his stock options. At Cinar, Louis Fournier served as the companys vice president of distribution and left the company to serve as president of youth and animation programming at Montreal-based TVA International. Fournier is suing his former employer for reimbursement over stock options not paid to him when he exited the company in February 2000.