I got notice of this earlier, but was in a meeting.
The text of their press release is below. All typos in the release are mine, as I had to key it in from what I had.
Tom
April 20, 2015 -- Penn State Alumni-Elected Trustees Edward (Ted) M. Brown III, Barbard L. Doran, Robert C. Jubelirer, Anthony P. Lubrano, Ryan J. McCombie, William F. Oldsey and Alice W. Pope today filed a Petition in The Court of Common Pleas in Centre Count to Compel Inspection of Corporate Documents pursuant to Section 5512(a) of the Pennsylvania Nonprofit Corporation Law of 1988.
"Our decision to take this action comes only after repeated futile requests over many months. In fact, Trustee Lubrano first formally requested access to the Source Material in the Spring of 2013, more than two years ago." according to Bill Oldsey.
Added Lubrano, "We made a good faith effort to reach a compromise but we were simply unsuccessful. To suggest, as Chairman Masser and President Barron did yesterday in their joint statement, that we are unwilling to sign a Confidentiality Agreement is misleading and plainly untrue. We are very willing to sign an appropriate Confidentiality Agreement as the Petition filed today states. It is now time for the Court to compel the inspection of these materials that directly relate to our core duties as Trustees and to vital interests of the University. Transparency begins with the Board of Trustees."
The text of their press release is below. All typos in the release are mine, as I had to key it in from what I had.
Tom
April 20, 2015 -- Penn State Alumni-Elected Trustees Edward (Ted) M. Brown III, Barbard L. Doran, Robert C. Jubelirer, Anthony P. Lubrano, Ryan J. McCombie, William F. Oldsey and Alice W. Pope today filed a Petition in The Court of Common Pleas in Centre Count to Compel Inspection of Corporate Documents pursuant to Section 5512(a) of the Pennsylvania Nonprofit Corporation Law of 1988.
"Our decision to take this action comes only after repeated futile requests over many months. In fact, Trustee Lubrano first formally requested access to the Source Material in the Spring of 2013, more than two years ago." according to Bill Oldsey.
Added Lubrano, "We made a good faith effort to reach a compromise but we were simply unsuccessful. To suggest, as Chairman Masser and President Barron did yesterday in their joint statement, that we are unwilling to sign a Confidentiality Agreement is misleading and plainly untrue. We are very willing to sign an appropriate Confidentiality Agreement as the Petition filed today states. It is now time for the Court to compel the inspection of these materials that directly relate to our core duties as Trustees and to vital interests of the University. Transparency begins with the Board of Trustees."