Anthony Maglica - Family Affairs

Family Affairs

As the Maglite became popular and the company grew, Mag Instruments Inc. became a family operated company with Tony Maglica as President, Claire Maglica operating the marketing, personnel and purchasing departments, and Claire's sons, Stephen and Christopher Halasz, holding positions in the company as Vice President and Director of Research and Development, respectively.

In 1992 though, there was a shakeup at the company when Claire Maglica discovered that Tony Maglica had been arranging to leave the company to his children from a previous marriage upon his death. This started a bitter family battle that would last over a decade and result in Claire and her sons leaving the company, Claire filing a palimony lawsuit against Tony for $200 million, and Claire's sons starting their own flashlight company in 1997, Bison Sportslights, Inc. (Archive)

Read more about this topic:  Anthony Maglica

Famous quotes containing the words family and/or affairs:

    True spoiling is nothing to do with what a child owns or with amount of attention he gets. he can have the major part of your income, living space and attention and not be spoiled, or he can have very little and be spoiled. It is not what he gets that is at issue. It is how and why he gets it. Spoiling is to do with the family balance of power.
    Penelope Leach (20th century)

    Blunders are an inescapable feature of war, because choice in military affairs lies generally between the bad and the worse.
    Allan Massie (b. 1938)