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Short Take: StockNet removes president

StockNet fired its president, Paul R. Ruff, and sued him for allegedly removing company funds and transferring some to a personal account and for having been involved in a competitive business with a former consultant to StockNet. Ruff, who has been missing from his office for several days, has been replaced by interim president Richard R. Rozzi.

StockNet fired its president, Paul R. Ruff, and sued him for allegedly removing company funds and transferring some to a personal account and for having been involved in a competitive business with a former consultant to StockNet. Ruff, who has been missing from his office for several days, has been replaced by interim president Richard R. Rozzi.