June 12, 2008
Leader of Mott Foundation Charged in Lawsuit by Sugar-Company Employees
Descendants of Charles Stewart Mott, the industrialist who created the foundation that bears his name, have been accused of cheating employees at a sugar company out of an opportunity to sell shares in their retirement plan at an attractive price, the employees allege in a class-action lawsuit.
Included in the lawsuit is William S. White, president of the foundation and the husband of Mr. Mott's granddaughter Claire Mott White. The fund is one of the nation's largest, with
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