FSD Management and Board Suffers Multiple Court Losses as Shareholder Meeting Approaches
TORONTO, May 13, 2021 - (ACN Newswire via SEAPRWire.com) - On Monday, May 10, 2021, at the request of Messrs. Anthony Durkacz and Zeeshan Saeed, founding shareholders and members of the group of concerned shareholders (the "Concerned Shareholders") of FSD Pharma Inc. (NASDAQ: HUGE) (CSE: HUGE) (FSE: 0K9A) (the "Company" or "FSD"), the Ontario Superior Court of Justice (Commercial List) (the "Court") issued an order appointing Ms. Carol Hansell as independent chair of the Company's shareholders' meeting to be held on May 14, 2021 (the "Meeting") and dismissed FSD's application challenging the Concerned Shareholders' information circular.This defeat is only the most recent in a series of Court orders against FSD management and directors obtained by the Concerned Shareholders that the Company has concealed, despite their importance."These consistent losses are clear evidence of Dr. Raza Bokhari's [the Company's Chief Executive Officer] poor grasp of fundamental corporate governance principles and his repeated breaches of court orders provide insight into his moral compass," said Anthony Durkacz. "It is regrettable that Dr. Bokhari's latest misconduct implicated Senator Rick Santorum a...
