MADISON, Wis. (AP) — A Dane County judge has dismissed a lawsuit by minority shareholders against Capital Brewery which claimed misconduct by company executives.
Judge Peter Anderson said the minority shareholders haven’t shown they had standing to sue. The plaintiffs claimed brewery president Scott Weiner and director Richard King left them out of important decisions involving the company. Weiner and King hold nearly 55 percent of Capital stock.
The State Journal reports the minority shareholders were led by former brewmaster, Kirby Nelson.
Nelson is now brewmaster at Wisconsin Brewing Co. in Verona, which opened in November 2013. He opened the brewery with Carl Nolen, the former president of Capital Brewery and who made an unsuccessful offer to buy the company in 2011.
Information from: Wisconsin State Journal, http://www.madison.com/wsj