InvestorsHub Logo
Followers 122
Posts 43934
Boards Moderated 1
Alias Born 09/06/2012

Re: None

Thursday, 11/20/2014 11:04:53 AM

Thursday, November 20, 2014 11:04:53 AM

Post# of 37358
On October 27, 2014, the Board of Directors of Medbox, Inc. (the “Company”) appointed a special board committee, composed of all four of its current directors, that is, three independent directors and its recently appointed Chief Executive Officer/Chairman of the Board, to investigate (i) a letter from a former Company employee to the Securities and Exchange Commission alleging wrongdoing by a former officer of the Company who is currently a consultant to the Company, and (ii) a federal grand jury document subpoena served in August 2014 on the Company’s accountants by the U.S. Department of Justice, to ascertain what implications, if any, the subpoena or the letter may have with respect to the Company.


http://www.sec.gov/Archives/edgar/data/1547996/000118518514002857/medbox8k103114_2.htm



.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.