STX Beef Co. and its former chief executive officer, Terry Maul, have reached a settlement in the company’s federal lawsuit accusing him of embezzlement and fraud, according to a court filing this week. Attorneys for both parties notified the U.S. District Court for the Southern District of Texas that they…
STX Beef Co. and its former chief executive officer, Terry Maul, have reached a settlement in the company’s federal lawsuit accusing him of embezzlement and fraud, according to a court filing this week.
Attorneys for both parties notified the U.S. District Court for the Southern District of Texas that they participated in mediation on Oct. 22 and “agreed to fully resolve STX’s claims against Maul.” They said they are finalizing the settlement and expect to file a stipulation of dismissal with prejudice by Nov. 28…