Rea: Martinrea International Inc.

Martinrea International Inc.: Martinrea, which disclosed Friday that Rea's employment had been terminated in June 2012, said it hadn't a received the formal statement of claim, according to Times Colonist. "The board will continue to act in the best interests of its shareholders and fulfil its fiduciary obligations." TORONTO - Canadian auto parts maker Martinrea International Inc. TSX:MRE faces a possible court challenge from former vice-chairman Natale Rea, whose is alleging certain directors and senior officer have breached their fiduciary duties. "While the company has not had a chance to review the claim or allegations, it will review same and respond appropriately in due course," it said. (www.immigrantscanada.com). As reported in the news.