Unhappy stockholders sue Dillard's | Arkansas Blog

Thursday, June 11, 2009

Unhappy stockholders sue Dillard's

Posted By on Thu, Jun 11, 2009 at 1:25 PM

Arkansas Business has news of new legal action against the Dillard's department store company based in Little Rock. The latest, in circuit court against directors of the company, is a complaint by stockholders that Dillard family members have received "exorbitant" compensation as company officials. It also suggests that Board member Warren Stephens, the Little Rock financier, was influenced in decisions on corporate officer pay by the millions of dollars of business his companies -- newspapers and insurance -- do with Dillard's.

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