NasdaqCM:PSIXElectrical
Power Solutions International Faces CEO Exit Legal Probe And Valuation Questions
Power Solutions International (NasdaqCM:PSIX) announced the resignation of CEO Constantine Xykis.
CFO Xun Li has been appointed interim CEO, concentrating both roles in the short term.
Grabar Law Office is investigating potential breaches of fiduciary duty tied to allegations that executives overstated sales demand and understated operational challenges.
These corporate governance developments introduce legal and reputational questions that current and prospective shareholders may want to...