International Star Inc. Responds to Legal Action and Announces Active Negotiations with Merger Candidate Press Release OTC Disclosure & News Service | 09/19/2025
Dover, DE — International Star Inc. (OTC: ILST) today confirmed that it and certain directors have been named in a legal proceeding initiated by Mr. Dan Rubin in the Ontario Superior Court of Justice. The claim relates to an alleged labor dispute arising from his recent termination.
This action follows a lawsuit filed by ILST, through its U.S. counsel, against Mr. Rubin in the State of Delaware, citing evidence of misconduct during his tenure. Mr. Rubin’s counter-litigation for alleged wrongful dismissal is being vigorously contested. The Company has retained counsel in both the United States and Canada to protect the interests of ILST and its shareholders.
Mr. Rubin previously held an executive role at Budding Equity Inc., a wholly owned subsidiary of ILST, before his termination in May of 2025.
ILST remains focused on ensuring the continuity of Budding’s operations, as well as actively negotiating with new merger opportunities for ILST, aiming to drive growth and shareholder value.