Barranco v. Woods

1 UNITED STATES DISTRICT COURT 2 DISTRICT OF NEVADA 3 * * * 4 Ronald Barranco, et al., Plaintiffs, 5 v. 3:19-cv-00072-RCJ-WGC 6 Bernard Woods, III, ORDER 7 Defendant. 8 9 The Defendant was the chief executive officer (CEO), chairman of the board, president, 10 and largest stockholder of a closely held corporation. The Plaintiffs, the corporation and its new 11 CEO, and the Defendant executed a contract to switch the management of the corporation in 12 exchange for monetary compensation occurring in installments over the next three years. The 13 Plaintiffs brought this suit alleging that the…