The alleged causes of actions include breach of fiduciary duty, unjust enrichment, unfair competition, excessive executive compensation and self-dealing transactions.

FORBES: California Sues 'Nonprofit Entrepreneur' Roger Chapin And Charity Forbes Exposed

Some members of corporate boards have an even greater self-interest in making sure that the compensation of the CEO continues to go up, up, and up.

FORBES: Outrageous Executive Compensation: Corporate Boards, Not the Market, Are to Blame

Some are self-explanatory, such as the Commission for Compensation for Damage by Wild Animals.

ECONOMIST: France's government

Among the allegations: Chapin, who retired from Winchester, Calif-based HHV several years ago, siphoned off money to other pet charitable causes that amounted to self-dealing, paid himself too much in compensation, and countenanced improper accounting maneuvers that made HHV seem far more financially efficient than it really was.

FORBES: California Sues 'Nonprofit Entrepreneur' Roger Chapin And Charity Forbes Exposed

This was the first time the 211-year-old stock exchange had disclosed the pay of its top official, though details of Grasso's compensation were leaked to the press back in May, helping to touch off concerns about how the "self-regulatory body" regulates itself.

FORBES: Grasso Overpaid By Any Measure