- 8 - Huber shares to a total of 25 purchasers, many of whom included distant relatives or trustees acting in their fiduciary capacities. Two of the buyers, W. Anthony Brooke and Peter S. Brock, testified at trial. Mr. Brooke is the husband of Mr. Seely’s second cousin. Mr. Brooke holds an M.B.A from Stanford and currently runs a private equity firm called JMH Capital. Mr. Brooke regularly received and reviewed Huber’s 5-year plan, yearly budgets, monthly financial reports, and annual reports. Mr. Brock is Mr. Seely’s first cousin but sees him only occasionally. Mr. Brock is an architect with a B.A. from Princeton University and a master’s in architecture from the University of California. Mr. Brock served on Huber’s board for 13 years and on several other committees. All of the purchasers of Huber shares from the Brown estate paid the E&Y value. Foster Trust Transactions Anne H. Foster, a third-generation Huber family member, died in 1988. After the death of her surviving spouse, Raymond Foster, the beneficiaries of Ms. Foster’s trust were her four children and three nonprofit organizations. In 1998, Eric Goetz became cotrustee of the Foster trust together with one of Ms. Foster’s daughters, Lynn Zinn. Mr. Goetz and Ms. Zinn were also coexecutors of Ms. Foster’s estate. At that time, the Foster trust held approximately 96,000 shares of Huber stock. Mr. GoetzPage: Previous 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 Next
Last modified: May 25, 2011