Two directors have resigned in protest.
Three directors have resigned since the lawsuit was filed, citing reasons other than the suit.
In November 1999, it disclosed that all of its outside directors had resigned from the board and had been replaced by associates of Mr Tan.
Cendant, the franchiser of Century 21 real estate offices and Howard Johnson hotels and Avis car rentals, said Robert Kunisch and John Snodgrass, former employee directors, had resigned, effective March 31.
Affiliated Computer Services said its independent directors had resigned, less than a month after they accused the chairman, Darwin Deason, of bullying them over a failed takeover bid.
A.C.L.N. shares continued to trade earlier this month even after the company announced that three of its directors had resigned, leaving the company with only one outside director, none of whom were United States citizens.
To date, more than a dozen executives and company directors have resigned.
Bury chairman Brian Fenton and the club's board of directors have resigned as a takeover nears its conclusion.
Three USA Gymnastics directors have resigned amid fierce criticism that the organization failed to protect its athletes from team doctor Larry Nassar, a serial predator whose sentencing hearing continues this week. .
Orr eventually resolved these issues and on 24 August, Orr held shareholders' meetings of each company (separately) and announced that all the "old" directors had resigned, and that a new board would shortly be formed, with an identical composition for the two companies.
