How Badly Must a C.E.O. Behave Before His Pay Is Clawed Back?
United Airlines’ contempt for customers was on full display in April, when it dragged a passenger from an overbooked plane, bloodying him in the process.
Since then, shares of United Continental Holdings, the airline’s parent, have rebounded smartly, so perhaps investors consider the incident an anomaly.
But those who do may want to check out a lawsuit unfolding in Delaware Chancery Court, one that involves the former chief executive of United and a prime figure in the Bridgegate...