HUGE - Ontario Court Upholds Canadian Biopharmaceutical Win Over Former CEO In C$2.8M Dispute | Benzinga
The Ontario Superior Court of Justice upheld a May arbitration decision in favor of FSD Pharma Inc. (NASDAQ: HUGE) against its former CEO Dr. Raza Bokhari.
Allegations of Mismanagement
The court's judgment highlighted allegations of financial mismanagement by Bokhari, including an attempt to transfer $12 million from FSD Pharma's Canadian bank account to an American account under his control.
Bokhari's challenge to the arbitrator's decision was rejected by the court, which found his ...