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More details emerge in Lucent fraud case
Two former executives of Lucent Polymers Inc. have been arrested and charged with fraud in relation to the sale of the company to Citadel Plastics Holding Inc. and later to A. Schulman Inc.
Former Lucent CEO Kevin Kuhnash and former Chief Operating Officer Jason Jimerson were arrested Feb. 12,In related news, a lawsuit filed by Schulman in June 2016 was dismissed in early December in Delaware Chancery Court. Schulman had filed the case against Citadel and several of its former owners and executives and was seeking damages of almost $300 million. Jimerson was a defendant in that suit.
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Woodard & Curran is an integrated engineering, science, and operations company. Privately held and steadily growing, we serve public and private clients locally and nationwide.
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