Second lawsuit in $25 million dollar scandal
By emily
Minority shareholders today filed suit against TGG Investments Inc, alleging mismanagement and erosion of shareholder value amongst other things. The claimants also seek an immediate injunction to prevent asset stripping of the company, a court order instructing the current management of TGG to hand over all company financials to minority shareholders, and unspecified compensation for damages and loss of earnings.

This follows a $25 million dollar lawsuit filed by former BingoWorkz employees against TGG Investments and a handful of other companies. BingoWorkz claims a merger between themselves and Gamewave Solutions Inc, which together formed TGG investments was unlawful.

More lawsuits are expected to follow in the coming weeks.

 
 
 
 
 
Online Casino News.com provides online gamblers with information on online casino gambling, sports betting tips, wining casino tips, internet casino reviews, sports odds, matchups, results, editorial and much, much more… We also have an industry insider’s section including Internet gaming press releases, a calendar of events and gaming industry news.
Bluff Europe: Europe's leading Poker Magazine brings you the latest Poker News, Player Interviews and all the best Online Poker offers Poker in the Park: Europe's largest Poker Festival.