Stella Diagnostics Inc (SLDX)

[Kool Aid Man]

I assume that Sharp guy paid for the PR. This seems to be something he does but which I think could backfire on him. IMO he may just be looking for a settlement in exchange for just going away.

An investor expects management to operate in good faith. When they don't then that person has every right to sue. One thing for sure, Sharp knows the former longtime Chairman and CEO named in the suit as been found guilty of numerous illegal acts by the SEC. In fact, someone has until July 15th to claim the SEC's "Whistleblower" reward for reporting violations that "result in monetary sanctions exceeding $1 million."

Notice: 2013-38
SEC v. Big Apple Consulting USA, Inc., MJMM Investments, LLC, Marc Jablon, Matthew Maguire, Mark C. Kaley, and Keith Jablon
Case number: 09-cv-1963 (United States District Court for the Middle District of Florida)
Case filed: November 18, 2009
Qualifying Judgment/Order: March 29, 2013
Notice date: 4/15/2013
Claim due date: 7/15/2013
http://www.sec.gov/about/offices/owb/owb-awards.shtml

The following are all named in TDEY's "Q1 Notes to Financials" statement dated 6-7-13 as well as in their "Annual" Report filed 4-16-13 (included in the "Legal/Disciplinary History" on page 7)

Big Apple Consulting USA, Inc., MJMM Investments, LLC, Marc Jablon, Matthew Maguire, Mark C. Kaley, and Keith Jablon

My question is --how does the mere installation of a new Chairman and CEO this year absolve or protect this company from any legal claims? Common sense tells me it doesn't.