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Carbon Streaming Files Lawsuit Against Former Executives for Financial Misconduct

Story Highlights
  • Carbon Streaming focuses on projects generating high-quality carbon credits with environmental and community benefits.
  • The company has filed a lawsuit seeking damages for financial misconduct by former executives and consultants.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

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Carbon Streaming ( (TSE:NETZ) ) has provided an announcement.

Carbon Streaming Corporation has initiated a lawsuit against several former executives, directors, consultants, and associated entities for breaches of fiduciary duty, fraudulent misrepresentation, and unjust enrichment, which have allegedly caused financial harm to the company. The lawsuit seeks to recover significant damages, including a minimum of USD $30.1 million from Justin Cochrane, among other claims against various defendants, highlighting the company’s efforts to address financial misconduct and protect its interests.

More about Carbon Streaming

Carbon Streaming focuses on projects that generate high-quality carbon credits with positive impacts on the environment, local communities, and biodiversity, alongside their carbon reduction or removal potential.

YTD Price Performance: -11.93%

Average Trading Volume: 48,051

Technical Sentiment Signal: Buy

For a thorough assessment of NETZ stock, go to TipRanks’ Stock Analysis page.

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