Posts

Showing posts with the label gala token

GALA Games Shares Positive Outlook Amidst Ongoing Legal Issue

Image
This comes after co-founder and CEO, Eric Schiermeyer, filed a derivative shareholder lawsuit against co-founder Wright Thurston and True North United Investments, LLC. Subsequently, Thurston initiated a lawsuit against Schiermeyer, creating a complex legal situation. advertisement GALA Games Shares Optimistic Future Plans In the post, GALA Games noted that derivative shareholder lawsuits, as the term suggests, are legal actions brought by shareholders on behalf of a corporation to address perceived wrongdoings against the company. While these lawsuits undoubtedly raise concerns within the Gala Games community, the company emphasizes its unwavering commitment to transparency and accountability throughout this process. As the legal process unfolds, Gala Games noted that they are legally restrained from making public comments or speculations regarding the ongoing litigation. However, the company is keen to clarify that this legal dispute primarily involves the foun...