A Delaware judge has refused to dismiss a shareholder lawsuit alleging that the chief executive of data company InfoUSA Inc. misspent millions of dollars of corporate money, some of it on Bill and Hillary Clinton.

In a 79-page opinion handed down Monday, Chancellor William Chandler III dismissed some shareholder claims but kept others, including allegations that InfoUSA CEO Vinod Gupta tried to buy the company on the cheap in a sham going-private transaction in 2005.

Chandler refused to dismiss claims asserting that Gupta improperly awarded 100,000 share options to Bill Clinton without board approval, and that the company paid Gupta millions of dollars for personal expenses including jet travel, homes, a yacht and a collection of luxury automobiles that, in the judge’s words, "would leave James Bond green with envy."

Gupta did not immediately return a telephone message and e-mail seeking comment on the judge’s ruling.

In a statement, spokesman Elliott Sloane said company officials have not had an opportunity to review the entire ruling but are pleased that Chandler agreed to dismiss many of the allegations.

"With respect to what remains, the court has held that plaintiffs must now establish that their allegations have a basis in fact," Sloane said. "We firmly believe we will be completely vindicated as the legal process unfolds."

Source: Forbes

This is a video called: The William Jefferson Clinton Science & Technology Center. The name of the video contributor is: vingupta I wonder who that might be?

Recall this story: Who is Huma? The Clinton’s sure have a very strange relationship with India

Also recall this story: Clinton’s Sold Out America - US jobs going to India and Indians coming to USA