Midpoint Trade Books co-founder Gail Kump filed suit on Wednesday against Midpoint ceo Eric Kampmann and Midpoint director and minority shareholder Christopher Bell in New York Supreme Court, alleging breach of fiduciary duty, breach of contract, and other corporation law violations. Kump’s corporation Lily K. Inc. owns 24 percent of Midpoint’s shares, as does Bell. Kampmann & Co., also named in the suit, own 52 percent of the company. The suit charges that Kampmann “has engaged in a pattern of self-dealing, impropriety and malfeasance during the last six years that has damaged Midpoint.” It charges the Kampmann “stopped signing new […]
