Business
WeShield CEO & OPTI Shareholder Denies Rumors That Settlement of OPTEC Litigation is Imminent
WeShield CEO & OPTI Shareholder Denies Rumors That Settlement of OPTEC Litigation is Imminent.
About this update from Optec International, Inc.
[{"type":"text","content":"\n\n\n\nWeShield CEO & OPTI Shareholder Denies Rumors That Settlement of OPTEC Litigation is Imminent\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\nWeShield CEO & OPTI Shareholder Denies Rumors That Settlement of OPTEC Litigation is Imminent\nPR Newswire\nNEW YORK, Nov. 29, 2021\n\n\n\nNEW YORK, Nov. 29, 2021 /PRNewswire/ -- On November, 17th 2021, OPTEC International, Inc. (OTC PINK: OPTI) issued a press release that stated in part \"We [OPTEC] hope to have all outstanding legal and remaining issues resolved prior to my retirement from the Board of Directors, including a resolution with the WeShield legal action.\" \nIt was then reported on November 18th that OPTEC had not reached out to WeShield or Michael Sinensky either directly or through counsel and settlement discussions had not yet been initiated.(https://www.prnewswire.com/news-releases/weshield-ceo--optec-shareholder-responds-to-optec-announcement-that-roger-pawson-is-stepping-down-301427879.html)\nSince then, we have continued to hear and deny rumors that a resolution of the pending litigation may be imminent.\nThis statement confirms that to date, no WeShield executives nor their counsel have been contacted by OPTEC or their counsel with respect to a possible resolution of these matters. \"Accordingly, we intend to vigorously defend ourselves against OPTEC CEO's meritless claims by pursuing all available remedies,\" stated WeShield CEO Michael Sinensky.\n View original content:https://www.prnewswire.com/news-releases/weshield-ceo--opti-shareholder-denies-rumors-that-settlement-of-optec-litigation-is-imminent-301432868.html\nSOURCE WeShield\n\n\n\n","length":3209,"tagName":"div"}]