Apr
12

PulteGroup Founder Hires Lawyers in Fight to Oust CEO Dugas

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  • Bill Pulte retains two partners from Olshan Frome Wolosky
  • Family missed proxy-fight deadline, considering other options

PulteGroup Inc.’s founder and largest stockholder hired lawyers from a shareholder-activism practice, a sign that he’ll increase pressure to get Richard Dugas to step down immediately as the homebuilder’s chief executive officer.

Bill Pulte retained Steve Wolosky and Aneliya Crawford, partners with Olshan Frome Wolosky LLP and members of its Activist & Equity Investment Practice, Crawford said Tuesday. The practice has been involved in seeking board representation at more than 300 publicly traded companies, according to its website…

PulteGroup Founder Hires Lawyers in Fight to Oust CEO Dugas

 

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