Steel Network Partner Claims Company, BofA Bilked Him in Sale Accord – TBJ
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Steel Network Partner Claims Company, BofA Bilked Him in Sale Accord – TBJ

Steel Network Partner Claims Company, BofA Bilked Him in Sale Accord – TBJ

The Triangle Business Journal reports on a case involving a dispute between The Steel Network, Inc. and a former partner.

 

 

But that is proving difficult to do, and now, Torres not only is asking that the company and its majority owner, Edward diGirolamo, buy his 3,175,000 shares, but that they also pay him thousands of dollars to make up for alleged damages and attorney fees, among other things….

“He had been one of the founders of the company, had worked with them a number of years and negotiated a buyout of shares,” says James White, Torres’ attorney. “And the company walked away.”

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Jim White
jwhite@jcwhitelaw.com

Jim White helps people and companies facing serious financial injury by bringing and defending lawsuits and representing debtors in bankruptcy. He has successfully taken on banks, large financial institutions and other corporations in “David v. Goliath” cases. You can reach him at 919-246-4676.