Jury Clears ESGL Holdings and De Tomaso in CEO Compensation Lawsuit
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ESGL Holdings Ltd. received a favorable jury verdict in a lawsuit involving De Tomaso Automobili Holdings Limited, with the jury rejecting former CEO Ryan Berris's claims for compensation and ruling in favor of De Tomaso's counterclaims for breach of fiduciary duty. This verdict clears De Tomaso and its owner, Norman Choi, of fraud allegations. ESGL is moving forward with its proposed business combination with De Tomaso, pending Nasdaq approval.
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