Plastic2Oil Inc (PTOI)

[dreaminbig]

The shareholder is suing on behalf of the company. He's suing management on behalf of the company and it's shareholders. Any recovery would go to the company(and legal costs).

https://viewer.zoho.com/docs/yebYdd

ERWIN GRAMPP, derivatively on behalf of JBI, Inc. Plaintiff
v
John Bordynuik, et al



WHEREFORE, Plaintiff demands judgment as follows:

A. Against all of the Individual Defendants and in favor of the Company for the amount of damages sustained by the Company as a result of the Individual Defendants’ breaches of fiduciary duties;

B. Awarding to JBI restitution from the Individual Defendants, and each of them, and ordering disgorgement of all profits, benefits and other compensation obtained by the Individual Defendants;

C. Awarding to Plaintiff the costs and disbursements of the action, includingreasonable attorneys’ fees, accountants’ and experts’ fees, costs, and expenses; and

D. Granting such other and further relief as the Court deems just and proper.

JURY TRIAL DEMANDED
Plaintiff hereby demands a trial by jury.