In the end, the THCB story turned out badly for both Ford and at least some of the people he'd accused. A lawsuit was filed in Nevada by two shareholders, Jerry Monday and Gary Bryant. Ford and his wife did not defend, and the plaintiffs won a default judgment and a declaratory judgment on 20 July 2012. the latter provided that all former officers and directors of THCB, including Arvind Sharma, R.D. Franklin, Fred Wills, Ty Gerot, Jay Novacek, and Mark Ussery, be removed from their offices. Grisaffi was not a party to the suit, although he did own 1,154,780 shares of THCB.
Market Data 
Markets 
AI
