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For example, he claims some investors are aligning themselves with fired CFO Ryan Dickinson. Additionally, Kivel wrote that CEO Quraeshi is \u201cnegotiating behind the scenes with J. Streicher, without Board approval or the knowledge of our legal counsel.\u201d Streicher is under court order to pay the company $16.5 million, and the firm has spent $400,000 in legal fees trying to attain that money.<\/p>\n<\/div>\n
\u201cThe actions of Mr. McGahan and Mr. Quraeshi have put this company in serious jeopardy and have caused the loss of important partners and top employees. The inactions and broken promises of the investment groups led by Nasib Piriyev have further damaged the company and hindered its ability to perform and recover,\u201d noted Kivel.<\/p>\n","protected":false},"excerpt":{"rendered":"
The soap opera that is Lottery.com (NASDAQ:LTRY) continued this week. That’s as Chairman of the Board Richard Kivel left the company, while noting Chief Compliance Officer Dennis Ruggeri is under FBI investigation. In a letter to what remains of the gaming company\u2019s board, Kivel highlights a variety of events. He claims they made it nearly […]<\/p>\n","protected":false},"author":46,"featured_media":242457,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[21,19,13699],"tags":[81931,13701,82714],"acf":[],"yoast_head":"\n
Ousted Lottery.com Chairman Says Company Has Slew Of Problems<\/title>\n\n\n\n\n\n\n\n\n\n\n\n\n\t\n\t\n\t\n\n\n\n\n\n\t\n\t\n\t\n