Business Law Money News Technology U.S.

Isaac Dietrich & Danny Meeks want out of $12M arbitration demand

Investment management firm Iroquois Master Fund has been hit with a suit by executives of a marijuana focused social media company who asked the court to find that a $12 million arbitration demand Iroquois brought against them is invalid.

MassRoots Inc. CEO Isaac Dietrich and President and Chairman Danny Meeks said in a complaint filed in the Southern District of New York on Monday that they are not bound by an arbitration agreement in a warrant issued by MassRoots that Iroquois purchased from a third party in 2019. The warrant gives Iroquois the right to purchase MassRoots shares for a fraction of…

To Read The Rest Of This Article By Staff on Law360

Published: July 23, 2021

Historic Hearing On Marijuana In America Held
Cannabis review site Weedmaps agrees $1.5 billion deal to go public
Likely Outcomes of the 9th Circuit Court of Appeals Siding with the DEA

Leave Your Reply