On August 13, 1996, Thomas Zirnite ("Zirnite") filed an action against the Company for breach of contract and wrongful termination in Los Angeles County Superior Court, North District, Zirnite v. Interscience Computer Corporation, seeking unspecified damages. The Company has cross-complained for $1,000,000 of damages and $10,000,000 of punitive damages based on slander. In June 1995, the Company hired Zirnite as Vice President of Finance and Administration to assist Company's Chief Financial Officer. The Company subsequently terminated Zirnite's employment on December 7, 1995. Zirnite alleges that the termination was in retaliation for his refusal to perform accounting procedures which would have violated the law and generally accepted accounting procedures. Zirnite made such allegations to third parties, for which the Company has filed a cross-complaint.
On August 30, 1996, Julie Zuniga filed a lawsuit in Los Angeles County Superior Court alleging sexual harassment and naming Michael Brennan, the former President of the Company, and the Company as defendants. Mr. Brennan's five-year employment agreement expired in October 1996, and Mr. Brennan is no longer employed by the Company. The complaint alleges inappropriate sexual comments and conduct by Mr. Brennan and others on behalf of the Company. The complaint asks for an unspecified amount of actual and punitive damages.
On September 23, 1996, Laura Brennan filed a complaint against the Company and Jim Mitchelli, Vice President of the Company, for employment discrimination and wrongful termination. The suit is pending in Los Angeles County Superior Court, Northwestern District, Case No. LC038584. Ms. Brennan alleges that she was terminated upon becoming pregnant. The complaint asks for an unspecified amount of actual and punitive damages. Ms. Brennan is not related to Mr. Michael Brennan, the former President of the Company.
Michael Brennan, the former President and Chief Financial Officer of the Company, has filed a complaint against the Company, Frank LaChapelle, the Chief Executive Officer of the Company, Michael T. Wells, the Secretary and the general counsel of the Company, and certain lawyers and law firms formerly associated with Mr. Wells. The First Amended Complaint, which was filed in the Superior Court, Los Angeles County, on December 20, 1996 and was served on the Company on January 10, 1997, is a complaint for negligence, breach of fiduciary duty, and interference with contractual relations. During 1996, Mr. Wells, in his capacity as an independent attorney and not as the general counsel for the Company, represented Mr. Brennan as Mr. Brennan's personal attorney in a lawsuit filed against Mr. Brennan by a foreign bank (the "Bank Action"). Mr. Brennan's employment agreement with the Company expired on October 15, 1996 and was not renewed by the Company. Accordingly, Mr. Brennan's employment with the Company ended on October 15, 1996. In November 1996, a judgement for over $900,000 was entered against Mr. Brennan in the Bank Action. In his action against the Company, Mr. Wells and the other defendants, Mr. Brennan alleges that the defendants actively sought to have Mr. Brennan removed from the office of President of the Company and that the defendants conspired to cause him harm by, among other things, losing two motions for summary judgment in the Bank Action and causing an adverse judgment for over $900,000 to be entered against him. Mr. Brennan claims damages in the following amounts: $5,000,000 for general damages, $3,000,000 for special damages, and $50,000,000 as punitive damages. The Company has not yet filed an answer or otherwise responded to the action.
By the way, CEO brennan was never an Admiral in the USCG (United States Coast Guard). He is far, far from an officer and a gentleman. I wouldn't trust this slovenly pig with one cent of my hard earned money.
O yeah, I believe Interscience subsequently filed for bankruptcy.
The words sex and brennan should never be used in the same sentence.
Dismissed!
lol...
Additional information on the legal matters:
On August 13, 1996, Thomas Zirnite ("Zirnite") filed an action against the Company for breach of contract and wrongful termination in the Los Angeles County Superior Court, seeking unspecified damages. The Company cross-complained for $1,000,000 of damages and $10,000,000 of punitive damages based on slander. Zirnite alleged that the termination was in retaliation for his refusal to perform accounting procedures that would violate the law and generally accepted accounting procedures. Zirnite made such allegations to the third parties, for which the Company filed the cross-complaint. The Zirnite claims were settled after September 30, 1997 for $50,000 as part of the unsecured creditors.
On September 23, 1996, Laura Brennan filed a complaint against the Company and James Mitchelli, Vice President of the Company, for employment discrimination and wrongful termination. Ms. Brennan alleged that she was terminated upon becoming pregnant. The complaint asked for an unspecified amount of actual and punitive damages. The Brennan claims were settled after September 30, 1997 for $60,000 as part of the unsecured creditors.
MMTC CEO brennan's legal issues were never mentioned again (from what I've researched so far) in the filings. However, the attorney representing brennan, la chapelle and the company (Interscience) had to sue la chappelle to recover her attorney fees for representing him (they must have lost?)...
Did MMTC ceo brennan, as President and CFO of Interscience, order Thomas Zirnite, who was hired "to assist Company's Chief Financial Officer"...to somehow..."cook the books"?