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Arizona Coop Litigates for Funds Allegedly Misappropriated

Mohave Electric Cooperative is in the midst of discovery in a now-year-and-a-half struggle with its former CEO, Robert Broz. The coop alleges that Broz abused his authority as the board president of two spinoff companies for his personal financial gain,
May 31, 2011

Mohave Electric Cooperative is in the midst of discovery in a now-year-and-a-half struggle with its former CEO, Robert Broz. The coop alleges that Broz abused his authority as the board president of two spinoff companies for his personal financial gain, potentially in the ballpark of $4 million and $22 million. The coop seeks to recoup this money, which would go back to its members.  The Mohave Daily News has more details on this litigation.

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