|
|
|
|
||
Re: Navidea strikes back. The countersuits begin... -Very unscrupulous and clandestine actions on CRG and RG part and Larson stuck himself into it with undisclosed fee arrangement Looks to me like maybe Larson knew about some of those secret terms, and RG tried to get him fired after the loan closed to shut him up? Larson does not look innocent here, either he knew RG did not try to find financing from anyone else and failed to disclose it to the board, or he just let RG handle it alone, which means he breached his duties as CFO. Also, item a) "Award actual damages" under "Prayer" section at the end (WTH is that term doing in a legal document?), appears to me that NAVB is going after CRG for the loss in market cap of the company due to this mess - several times mentions MC dropped from $410M to $95M - going to be tough to convince a judge to award them $300M in damages IMO. |
return to message board, top of board |
Msg # | Subject | Author | Recs | Date Posted |
12788 | Re: Navidea strikes back. The countersuits begin... -Very unscrupulous and clandestine actions on CRG and RG part and Larson stuck himself into it with undisclosed fee arrangement - Prayer | Fall1980 | 6 | 8/20/2016 3:07:28 PM |
12789 | Re: Navidea strikes back. The countersuits begin... -Very unscrupulous and clandestine actions on CRG and RG part and Larson stuck himself into it with undisclosed fee arrangement | iwinshortslose | 1 | 8/20/2016 3:09:30 PM |