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Executive Disputes Ejection By AAA

Bruce Schobel says he still considers himself president-elect of the American Academy of Actuaries and is going to court to try to prove it.

By Trevor Thomas | Updated on September 02, 2009

NU Online News Service, Sept. 3, 12:12 p.m. EDT

Bruce Schobel says he still considers himself to be president-elect of the American Academy of Actuaries and is going to court to try to prove it.

Mr. Schobel filed a lawsuit seeking an injunction against his removal by board of directors of the association Aug. 5. He is demanding more than $2 million in penalties against the AAA, charging the group with removing him illegally and defaming him, according to papers filed with the U.S. District Court in the District of Columbia.

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