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Thursday, February 03, 2022 10:01:47 PM
In the event of a windfall for the company in this lawsuit, we intend to do a major buyback of stock further reducing our outstanding shares.”
PPJ Healthcare Enterprises, Inc. CEO Files $250 Million Lawsuit and Announces Next Steps to Rebrand the Company https://www.globenewswire.com/news-release/2019/09/13/1915432/0/en/PPJ-Healthcare-Enterprises-Inc-CEO-Files-250-Million-Lawsuit-and-Announces-Next-Steps-to-Rebrand-the-Company.html
TAMPA, Fla., Sept. 13, 2019 (GLOBE NEWSWIRE) -- via OTC PR WIRE -- PPJ Healthcare Enterprises, Inc. (OTC Pink: PPJE) announced today that CEO Chandana Basu has filed a lawsuit for $250 million in the Superior Court of the State of California. Since 2014, the plaintiffs have suffered huge damages from the tortuous conduct of the defendants. Chandana Basu, CEO, stated, “The hardships caused over the last several years due to the actions of the defendants have resulted in irreparable harm to the company. Our shareholders deserve better and I hope that the court will work swiftly and rule in our favor. In the event of a windfall for the company in this lawsuit, we intend to do a major buyback of stock further reducing our outstanding shares.”
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