Thursday, September 5, 2013

Eaton exec to be deposed

A Hinds County (Miss.) Circuit Court Judge ruled last Friday that Eaton Corp. CEO Alexander Cutler is scheduled to be deposed Sept. 13 in Cleveland, Ohio, headquarters for the firm, by attorneys for Frisby Aerospace. Frisby accuses Eaton of fraud and conspiracy involving its Jackson, Miss., aerospace enterprise. Eaton attempted to block the deposition from the CEO because he lacked personal knowledge about Frisby's deposition topics. But Judge Jeff Weill Sr. ruled that executives’ testimony is relevant. Frisby alleges Eaton executives withheld critical information in the alleged fraud suit. Source: Cleveland.com, Sept. 4, 2013.

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