Huang Guangyu, former Chairman of Gome Electronics and China's richest person who is serving a 14-year prison sentence for bribery and other crimes, is now being sued by his former company. From AP : Gome Electrical Appliances Holdings Ltd. started legal proceedings on Thursday against Huang Guangyu in the High Court of Hong Kong, the company said in a statement to the Hong Kong Stock Exchange. Huang, also known as Wong Kwong Yu, built Gome into China's biggest appliance retailer and was estimated in 2008 to be worth $6.3 billion. In May, he was sentenced by a Beijing court to 14 years in prison for insider trading, bribery and other crimes. … The claim for damages centers on a buyback by Gome of its own shares that Huang allegedly planned and breach of trust.