Investors

Investors File Lawsuit Against New Mexico Fresh Foods CEO for Mismanagement and Major Losses

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ALBUQUERQUE, N.M. – A lawsuit has been filed against New Mexico Fresh Foods by a group of prominent figures from Santa Fe, including Gail “Peaches” Gilbert, Ed Berman, Ellen Vladem, and Robert Vladem. This lawsuit alleges that investors contributed almost $4 million to the company but ended up losing it all due to the actions and omissions of the defendants. The plaintiffs claim that Kelly Egolf, the CEO of New Mexico Fresh Foods and the wife of former New Mexico House Speaker Brian Egolf, “consistently grossly mismanaged NMFF.” Furthermore, the lawsuit states that Kelly Egolf … Read more

Former CEO of Southlake Tech Firm Convicted of Defrauding Investors Out of $25 Million

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DALLAS, Texas – Christopher Kirchner, the former CEO of Southlake-based tech firm Slync.io, was convicted by a federal jury in Texas for defrauding investors of $25 million. The 36-year-old Kirchner was taken into custody by U.S. Marshals immediately after the verdict. The jury found him guilty of four counts of wire fraud and seven counts of money laundering after a four-day trial. Kirchner’s sentencing is set for July 11 before U.S. District Court Judge Mark T. Pittman. Kirchner and his public defender, Jason D. Hawkins, did not respond to interview requests. Slync was well on … Read more

Mobile Healthcare Company DocGo Faces Federal Lawsuit from Investors after CEO Resigns and Stock Plummets

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ALBANY, New York — A federal class action lawsuit has been filed against mobile health care company DocGo, which was contracted by New York City to provide care for migrants. The lawsuit alleges that DocGo and its executives defrauded investors in violation of the federal Exchange Act, leading to significant financial losses. The company’s stock declined following a series of issues, including the resignation of its CEO, Anthony Capone. One potential lead plaintiff in the lawsuit is Joe Naclerio, a resident of Putnam County. Naclerio purchased 500 shares of DocGo stock, making him a significant … Read more

Investors Encouraged to Take Lead in Securities Fraud Lawsuit Against Microvast Holdings

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LOS ANGELES, January 3, 2024 /PRNewswire/ — Investors who have suffered significant losses due to securities fraud have the opportunity to lead a class action lawsuit against Microvast Holdings, Inc. (NASDAQ: MVST). The law firm Glancy Prongay & Murray LLP (GPM) has announced that it is seeking lead plaintiffs for the case. The class period for the lawsuit runs from October 19, 2022, to November 20, 2023. Investors interested in serving as lead plaintiff can submit their contact information at www.glancylaw.com/cases/Microvast-Holdings-Inc/. They can also reach out to Charles H. Linehan of GPM at 310-201-9150 or … Read more