PEC committee cancels meeting scheduled for 9 a.m. Wednesday

Meeting postponed on recommendation of counsel

The PEC Complaint Committee appointed to review the director complaint matter has canceled its called meeting for 9 a.m. Wednesday, Dec. 14, 2016. The meeting is subject to re-scheduling at a later time pursuant to the appropriate PEC notice requirements.

On the advice and recommendation of its counsel, the Committee is postponing this meeting pending the work of the attorneys involved in this matter.

“The Committee has steadfastly moved forward with its charge, but we have requested, in the best interests of the cooperative, a postponement of Wednesday’s called meeting in order to allow sufficient time to address all matters within the Committee’s charge,” said Don R. Richards, special counsel to the committee.

“The Committee has continued to diligently do the work assigned to it by the Board, and when finished, will make its final report to the full board for review and consideration at an upcoming properly-noticed Board meeting.”