Gala Games: No substantial connection between co-founder dispute and company operations

2023-09-06 14:34:38
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ChainCatcher news, the blockchain gaming platform Gala Games stated that the lawsuit issues among Gala's co-founders may raise concerns within the community, but Gala Games emphasized that these lawsuits are primarily disputes between the founders and have no substantial connection to the company's operations.

Previous news, Gala Games' co-founder and CEO Eric Schiermeyer filed a derivative shareholder lawsuit against another co-founder Wright Thurston and True North United Investments, LLC. Subsequently, Wright Thurston also filed a lawsuit against Eric Schiermeyer, accusing him of stealing $130 million worth of tokens. A derivative shareholder lawsuit is a legal action brought by shareholders on behalf of the company to address alleged misconduct committed against the company.

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