Defendant Stephen T. Terney is the chief executive officer and majority stockholder of defendant Imitec, Inc., which is engaged in the manufacture and sale of polyimide products. Terney, a chemist by training, became a principal in and an incorporator of Imitec in 1982 following his resignation from plaintiff, by whom he had been employed, although not continuously, since 1966. In 1978, during this employment with plaintiff, plaintiff began research...
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