Shareholder sues Zagg over CEO’s exit, stock sales Shareholder sues Zagg over CEO’s exit, stock sales By Tom Harvey The Salt Lake Tribune Published Sep 7, 2012 01:13PM MDT A shareholder is suing Utah-based Zagg Inc., alleging the company failed to disclose that CEO Robert G. Pedersen II used 50 percent of his shares as collateral and that the company had a “secret succession plan” to replace him prior to his Aug. 17 resignation. The proposed ... [News Source]