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Ironridge Global / NewLead Details. . .

NewLead Holdings Ltd.
83 Akti Miaouli & Flessa Str.
185 38 Piraeus Greece
(Address of principal executive office)


On July 7, 2014, NewLead Holdings Ltd. (the “Company”) issued a press release announcing that on June 23, 2014, in arbitration proceedings currently pending between the Company and Ironridge Global IV, Ltd. (“Ironridge”), the Company filed claims against Ironridge for breach of contract, fraudulent inducement of contract and fraud, securities market manipulation and misrepresentation in violation of United States federal securities laws, unjust enrichment, and violation of 15 U.S.C. 78p(b), seeking disgorgement of short-swing profits, damages in excess of $25 million, punitive damages in excess of $100 million, and reimbursement of legal costs and the costs of the arbitration. The Company has also requested that the arbitration tribunal declare that the agreement between the Company and Ironridge is terminated and/or void ab initio, and that Ironridge has no entitlement to the issuance of additional common shares of the Company. A copy of the press release is furnished as Exhibit 99.1 to this report and is incorporated herein by reference.

Press Release dated as of July 7, 2014

Post # 18187 from jedijazz Newlead Holdings Ltd. (NEWL) board