Tronc Board Dispute Said to Center on Soon-Shiong's Trades

Tronc Inc. directors took steps to get Patrick Soon-Shiong off the board amid questions about whether he violated company trading policies by acquiring shares near the dates of earnings reports, according to people familiar with the matter.

The directors of Tronc, owner of the Los Angeles Times and Chicago Tribune, decided not to renominate Soon-Shiong because of the timing of those trades and also because he had been disruptive on the board, said one of the people, who asked not to be identified discussing private information.