HUGE - FSD Pharma boots out CEO Raza Bokhari

FSD Pharma (HUGE) announces the termination of employment of its chief executive officer Raza Bokhari for cause, following an investigation by an international law firm.Following the completion of its investigation, the Special Committee made a recommendation to the board of directors and the board unanimously determined to terminate Bokhari’s employment, the company said.Few of the reasons for Bokhari’s termination are misconduct including breaching court orders, the improper issuance of shares, and attempts to misappropriate company funds in breach of his employment obligations.The company also said that it had appointed Anthony Durkacz as interim chief executive officer and reinstated Zeeshan Saeed as its president.FSD Pharma had filed a criminal complaint with the Financial Crimes Unit of Toronto Police against its former CFO Donal Carroll in relation to his alleged interference in the company’s banking relationships, in May.

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FSD Pharma boots out CEO Raza Bokhari