NY AG Seeks $1.37 Billion From NovaTech Founders as Promoters Settle for Nearly $6 Million
Photo: Blockchain Reporter
$1,160,544,294 went in. $25,994,603 ever reached a trading platform. The gap between those two figures — 97.76% of every dollar NovaTech collected — is the entire case New York Attorney General Letitia James is now asking a court to price, per the Office of the Attorney General’s October 22 announcement . On October 22, James asked the New York Supreme Court to order NovaTech founders Cynthia and Eddy Petion to pay $1.37 billion in disgorgement, damages and interest.
Source: Blockchain Reporter
