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American Medical Electronics

This article was originally published in The Gray Sheet

Executive Summary

President and CEO and sole inside director Joseph Mooibroek refuses to comply with the request of the firm's four outside directors that he resign, AME announces. Mooibroek in turn asks the four directors to resign, which they decline to do. Mooibroek and the directors "have agreed to commence a dialogue aimed at finding an amicable resolution for the continued future success of AME and for the benefit of its shareholders," the firm says
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