Lawsuit âpierces corporate veilâ of John Krohnâs investment companies Spotlight Innovation lawsuit among numerous complaints against former Principal investment broker Monday, May 3, 2021 12:24 PM Spotlight Innovation, a startup pharmaceutical technology investment firm controlled by two Iowa businessmen — along with several other enterprises launched by the partners over the past several years — is part of a “mere sham” being used to defraud investors in those companies, a former business associate alleges in a lawsuit in Polk County District Court. The company’s former chief financial officer, John William “Bill” Pim, is suing John Krohn and Michael Kemery, who were officers and directors of Spotlight Innovation and another company, Gooi Global. Pim had worked for Krohn and Kemery for less than a year as chief financial officer of Spotlight Innovation and as an independent contractor with Gooi Global. Spotlight was based in Urbandale, Gooi Global in Des Moines. Krohn and Kemery bought into Spotlight Innovation beginning in December 2016, according to regulatory filings.