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Engine Media Holdings Patent Portfolio Ownership Clouded by Suit Against Tom Rogers, Chairman of Engine and Former Chairman of WinView, Inc. over Breach of Fiduciary Duty


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GEORGETOWN, Del., July 12, 2021 /PRNewswire/ In a lawsuit filed by Diamond McCarthy LLP and Whiteford, Taylor & Preston LLP in Delaware Chancery Court, Tom Rogers and Hank Ratner, former board members of WinView, Inc., are/have been accused of advancing their personal interests over their fiduciary duty to common stockholders in forcing the three-way merger that created Engine Media Holdings last year. The lawsuit alleges that Rogers, Ratner, and the board disregarded viable alternatives, and threatened and misled WinView s shareholders to advance a merger plan designed to benefit the defendants financially while common shareholders were left with virtually nothing. The suit also claims that Graham Holdings, WinView s largest shareholder , ignored and acted in opposition to the interests of the common stockholders when their representative, the chair of the board committee responsible for evaluating the proposed merger, failed to re ....

United States , New Jersey , Hank Ratner , Tom Rogers , United State District Court , Taylor Preston , Graham Holdings , Diamond Mccarthy , Engine Media Holdings , Delaware Chancery Court , Winview Inc , ஒன்றுபட்டது மாநிலங்களில் , புதியது ஜெர்சி , ஹாங்க் ர்யாட்‌நர் , டோம் ரோஜர்ஸ் , ஒன்றுபட்டது நிலை மாவட்டம் நீதிமன்றம் , டெய்லர் ப்ரெஸ்டந் , கிரஹாம் ஹோல்டிங்ஸ் , வைரம் ம்க்கார்தீ , இயந்திரம் மீடியா ஹோல்டிங்ஸ் , டெலாவேர் சான்சரி நீதிமன்றம் ,

Tom Rogers, Chairman of Engine Media Holdings and former Chairman of WinView, Inc., and other Directors Sued Over Breach of Fiduciary Duty


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Former shareholders seek damages and to unwind merger
WILMINGTON, Del., Jan. 25, 2021 /PRNewswire/  In a lawsuit filed in Delaware Chancery Court, Tom Rogers and Hank Ratner, former board members of WinView, Inc., were accused of advancing their personal interests over their duty to common stockholders when arranging the three-way merger that created Engine Media Holdings last year.  As a result of their actions, Rogers and Ratner benefited financially from the merger and joined the board of the new company, while common shareholders were left with virtually nothing. The suit, filed by Diamond McCarthy on behalf of the plaintiff shareholders, calls for the reversal of the merger, a monetary damages award and the return of patents covering online and sports betting to WinView, which contributed them in the ill-fated merger. ....

United States , Richard Mahony , Jill Totenberg , Hank Ratner , Tom Rogers , Davidb Lockton , Taylor Preston , Engine Media Holdings , Graham Holdings , Morgan Stanley Research , Winview Inc , Totenberg Group , Delaware Chancery Court , Diamond Mccarthy , Media Holdings , Toronto Venture Exchange Listed , ஒன்றுபட்டது மாநிலங்களில் , ரிச்சர்ட் மஹோனி , ஹாங்க் ர்யாட்‌நர் , டோம் ரோஜர்ஸ் , டெய்லர் ப்ரெஸ்டந் , இயந்திரம் மீடியா ஹோல்டிங்ஸ் , கிரஹாம் ஹோல்டிங்ஸ் , மோர்கன் ஸ்டான்லி ஆராய்ச்சி , டெலாவேர் சான்சரி நீதிமன்றம் , வைரம் ம்க்கார்தீ ,