Mazak Corporation v. William King

JULIA SMITH GIBBONS, Circuit Judge.

WilliamKing served as Mazak Corporation’s Vice President and Controller for fifteen years. After King left Mazak, it learned that he held ownership interests in companies that did business with Mazak, allowing him to derive substantial secret profits. Mazak brought suit alleging King breached his fiduciary duties, and the district court granted judgment as a matter of law in Mazak’s favor. We affirm.

I

King worked as Mazak’s Vice President and Controller from 1990 until 2005. Timothy Fisher was King’s subordinate and was responsible for managing customer…