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TNW Wireless Launches Damages and Defamation Suit against its former President
TNW Wireless Launches Damages and Defamation Suit against its former President.
About this update from United American Corp
[{"type":"text","content":"\nOTTAWA, Jan. 22, 2019 (GLOBE NEWSWIRE) -- via OTC PR WIRE -- Ottawa-based TNW Wireless Inc. (\"TNW Wireless\") announced today that it has launched a suit for damages against Robert L. Hillman, who was formerly the President of the company when it was known as RuralCom Corporation. The Statement of Claim CV19006129120000 was filed on January 18, 2019 in the Ontario Superior Court of Justice.\n The action was launched based on TNW Wireless' allegations that Mr. Hillman repeatedly breached his legal fiduciary obligations to the company through acts of unauthorized interference with the company's operations causing economic damage to the company, revealing confidential information to third parties including company competitors and the general public, and by destroying company files and documents entrusted to him while he was a Director of the company. The company also alleges that Mr. Hillman owes it US$ 869,408 in loans that were advanced to him during his tenure as President under a loan agreement with the company. The company also alleges that Mr. Hillman engaged in a constant and repetitive barrage of defamatory comments against the company, its technology and its management directly to individuals, companies, and regulatory bodies as well as online through the pseudonyms \"EtherIQ\" and \"WirelessSage\" on a stock bulletin board related to United American Corp (UnitedCorp) (OTC: UAMA), which announced its intention to acquire TNW Wireless. As such, in its Statement of Claim the company is seeking an interlocutory and permanent injunction prohibiting the Defendant from disclosing to any person, firm or corporation any confidential information belonging to the Plaintiff, and from making defamatory comments about the Plaintiff and/or any of its officers, directors, agents, employees, subsidiaries and affiliates. The company is also seeking significant damages for defamation and/or injurious falsehood, breach of fiduciary duty, breach of trust, conflict of interest, interference with economic activity, trespass of chattel, as well as repayment of advances made to him by the company. The following is a summary of damages sought by TNW Wireless:  US$869,408.00 in damages for unpaid loansCD$5,000,000.00 in damages for defamation and/or injurious falsehoodCD$5,000,000.00 in damages for breach of fiduciary duty, breach of confid...