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Dye & Durham's Ex-CEO Urges Engine Capital Founder to Quit Board
A major shareholder of Dye & Durham Ltd. ramped up the pressure on two directors to resign, alleging the Canadian technology company has failures in its internal controls and governance practices.
Plantro Ltd., a company controlled by former Chief Executive Officer Matt Proud, said in a news release that it's aware of a whistleblower complaint alleging that management was pressured to adopt 'aggressive accounting practices,' though it provided few specifics.