Banks and many board members allotted themselves high numbers of shares in the new for-profit venture, which were exercised for considerable sums when ERIM International, Inc. was sold to Veridian Corp. of Washington, D.C. in 1999.
Banks and many board members granted themselves large quantities of shares in the new for-profit company, which were exercised at significant sums when ERIM International, Inc. was sold to Veridian Corp. of Washington, D.C. in 1999.