But before the 2008 election takes place, co-op members are supposed to meet and vote on the process for electing directors in the future. Then there’s the 2009 election of directors that has to be held once the other two meetings are held.
This travesty would not have occurred except for the self-serving holdover Cobb EMC directors ignoring members and pushing their own agenda by changing the bylaws on how members vote — on the heels of a December 2008 settlement of the lawsuit by a group of members charging breach of fiduciary duty, gross mismanagement, waste of corporate assets and unjust enrichment involving management and operations of the EMC and Cobb Energy. The suing members said the by-law changes were illegal but they lost in superior court and then appealed.
The appeal is taking longer than expected, the MDJ’s Brandon Wilson reported Sunday, with the case expected to be decided by mid-July 2010. Then, regardless of which way the ruling goes, the losing side will appeal, no doubt, meaning a still longer delay of justice for the unrepresented members of Cobb EMC.
Meanwhile, something is happening. The lawyers are still filing briefs.













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