Mesa-based Copa Health files lawsuit accusing former CEO of misusing resources, funds
Mesa-based Copa Health Inc. filed a lawsuit accusing former CEO Sharareh Najafi-Piper of misusing the nonprofit's resources and funds.
Watch: Mondays With Meghan: Should Jimmy McCain be Arizona's next Lt. Governor? | 14 mins
Mesa-based Copa Health Inc. has filed a lawsuit against former CEO Sharareh (Shar) Najafi-Piper.
The lawsuit, filed in Maricopa County Superior Court, also names Najafi-Piper’s husband Brian Piper and Roya Health LLC.
According to the lawsuit, board members learned that Najafi-Piper used Copa’s resources, employees and confidential information to create and operate a for-profit competitor called Roya Health LLC. The lawsuit also alleges that she used Copa funds to fund her charitable, social, personal and family expenses.
In a statement sent Wednesday to the Business Journal, Najafi-Piper said the allegations in the lawsuit “are not only false but also manipulated to create a misleading narrative.”
A virtual hearing has been scheduled for April 7 at 10 a.m. for Najafi-Piper to show cause “why the relief sought in the application should not be granted,” according to a March 24 order.
This story is posted in partnership with Phoenix Business Journal. Click to read the full story.






Comments