September 17, 2009
New Jersey Alleges Misuse of Funds by Stevens Institute of Technology's Leaders
M. Kathleen Kelly, New Jersey Star Ledger
Harold Raveché, president of the Stevens Institute of Technology, is named in a lawsuit filed by New Jersey's attorney general on Thursday that accuses him of being grossly overcompensated and seeks to remove him from office.
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M. Kathleen Kelly, New Jersey Star Ledger
Harold Raveché, president of the Stevens Institute of Technology, is named in a lawsuit filed by New Jersey's attorney general on Thursday that accuses him of being grossly overcompensated and seeks to remove him from office.
Call it a game of legal chicken: Late Thursday afternoon, the attorney general of New Jersey filed a lawsuit against the Stevens Institute of Technology; its president, Harold J. Raveché; and the chairman of its Board of Trustees, Lawrence T. Babbio Jr.
The day before, the institute filed its own lawsuit against the state, hoping to force the attorney general into confidential arbitration, a process that could serve to hide embarrassing information about the college, in
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