May 01. 2012 11:00AM - Last modified: May 01. 2012 11:59AM

BizTimes Money: Koss pursues suit against Park Bank

  
A lawsuit brought by Milwaukee headphone manufacturer Koss Corp. against Milwaukee-based Park Bank moved forward Monday following a hearing in the case.

Koss has accused Park Bank of failing to inquire further about suspicious activity on the part of Sujata Sachdeva, a former Koss employee who embezzled $34 million from the business from 1997 to 2009 while she was executive vice president of finance. For more, read the new edition of the BizTimes Money Weekly.

advertisement
advertisement