ESGL Holdings Limited (NASDAQ: ESGL) Announces Favorable Unanimous Jury Verdict for De Tomaso Automobili
ESGL Holdings Limited - Class A Ordinary Shares (ESGL)
Company Research
Source: GlobeNewswire
SINGAPORE, Feb. 10, 2026 (GLOBE NEWSWIRE) -- ESGL Holdings Limited (NASDAQ: ESGL) today noted the unanimous jury verdict delivered in the U.S. District Court for the Southern District of New York (Case No. 23-cv-09809) in favor of De Tomaso Automobili Holdings Limited and its owner, Norman Choi. The jury rejected claims asserted by former CEO Ryan Berris, confirming that he held no equity interest in De Tomaso and had no contractual entitlement to the compensation alleged, including any bespoke limited edition supercar. The jury also found in favor of De Tomaso on its counterclaims for breach of fiduciary duty, awarding damages. This outcome resolves the previously disclosed litigation referenced in ESGL's public filings. The verdict confirms De Tomaso and Mr. Choi have been cleared of all allegations of fraud, dishonesty, or unjust action. ESGL continues to work toward closing the proposed business combination with De Tomaso Automobili Holdings Limited, which remains subject to
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ESGL
News
- ESGL and De Tomaso Automobili Launch Joint Development Program for Sustainable Advanced Automotive MaterialsGlobeNewswire
- ESGL Holdings Limited (NASDAQ: ESGL) Announces Strategic MOU with De Tomaso Automobili Holdings Limited and PT Buana Megawisatama to Explore a Carbon-Neutral Luxury Race Circuit in Bintan, IndonesiaGlobeNewswire
ESGL
Sec Filings
- 2/10/26 - Form 6-K
- 1/16/26 - Form 6-K
- 1/8/26 - Form 6-K
- ESGL's page on the SEC website