XpresSpa Issues Public Statement in Response to Second Lawsuit Made By Disgruntled Founders of the Company
XpresSpa Group, Inc. (XSPA)
Last xpresspa group, inc. earnings: 11/14 04:05 pm
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US:NASDAQ Investor Relations:
xpresspagroup.com/investors/corp_overview
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Source: GlobeNewswire
NEW YORK, July 02, 2019 (GLOBE NEWSWIRE) -- XpresSpa Group, Inc. (Nasdaq: XSPA), a health and wellness holding company, today publically responded to a lawsuit brought by Moreton Binn and Marisol Binn with the following statement: “After the Binns’ first lawsuit against XpresSpa was dismissed by the court, these same disgruntled founders, who were terminated by the Company because of the many improprieties that they committed, now bring yet another frivolous lawsuit. Once again, their claims are completely without merit and made in an effort to undermine XpresSpa, Board members, and the Company’s lender.” “It is also unfortunate that attempts have been made to tarnish the reputation of select Board members and external partners like Brian Daly, managing partner of B3D, to whom we owe a great deal of gratitude for his ongoing support of the business at critical times over the years. Brian Daly and his company B3D are a sterling example of a respected lender who has repeatedly stepp
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