Sparc

Sale of Charleston’s SPARC Triggers Lawsuit, Pitting Executives Against Firm’s Founder

When the technology firm SPARC sold the core of its business last fall, its executives were in for a big payday. Their incentive packages, intended to give them a stake in the company’s success, awarded them a slice of the eight-figure deal, which was among the highest-profile and priciest buyouts in Charleston’s technology industry in recent years. The question is, how much should they have made?