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by fweespeech 1736 days ago
> He embezzled millions of dollars from his brother and co-owner, who later sued him, and him taking a pay cut and increasing his employees' pay was nothing short of a settlement.

That is not correct. You cannot claim this guy embezzled millions of dollars when his brother lost his lawsuit.

https://www.inc.com/paul-keegan/dan-price-gravity-lawsuit-wi...

> Gravity Payments' Dan Price--who made headlines around the world last year when he instituted a $70,000 minimum wage at the company he founded--won a resounding victory in a lawsuit brought last year by his brother and co-founder, Lucas Price.

> Judge Doyle wrote in her ruling that "[t]he court finds that Daniel's compensation decisions in 2013 and 2014 were a reasonable business judgment made in good faith," and "[t]he Towers Watson report corroborated the reasonableness of Daniel Price's compensation."

> In her ruling, Judge Doyle said, "There was evidence that Daniel Price used the company credit card for expenses that were not subsequently reimbursed. However, Lucas Price has not proven this claim"--along with many others he made in his lawsuit, judging from her decision.

1 comments

I don't understand why this was downvoted. Are the cited articles incorrect? Is context missing? I came to this sub-thread to learn about the guy, and this comment seemed to have the most authoritative quotes and links.

But it's been downvoted to the bottom, as if something is wrong with it. Why?