Source: THE BUSINESS JOURNAL

Park Bank: Park Bank alleges Koss CEO at fault for not catching Sachdeva's embezzlement

Former Koss Corp. executive Sujata Sachdeva is still serving time in prison, but litigation over who deserves the blame for not detecting her $34 million embezzlement scheme continues. In the latest chapter of an ongoing legal battle, Milwaukee's Park Bank has said that if it is found liable in the case, so too should Koss CEO Michael Koss and the company's auditor, Grant Thornton LLP. Park Bank denies all liability in the case. Park Bank's complaint is part of headphone and audio equipment-maker…

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Est. Annual Revenue
$25-100M
Est. Employees
100-250
David P. Werner's photo - President & CEO of Park Bank

President & CEO

David P. Werner

CEO Approval Rating

85/100

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