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Pulte estate, Cornerstone foundation battle over millions amid allegations of excessive CEO pay, improper transactions
Heirs now trying to undo settlement agreement
Concerns raised about excessive compensation, allegations of self-dealing, lack of transparency
Mark Pulte (right) has staged a legal battle to withdraw some of his late father s pledges to the New Common Schools Foundation over what the estate says are excessive pay and questionable financial moves by Cornerstone Schools co-founder W. Clark Durant (left).
A battle is playing out in a Florida court between the family of a longtime Detroit businessman and a local nonprofit, with millions of dollars in philanthropic commitments at stake.