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CannapharmaRx, aka Golden Dragon Holding Company (stock symbol GDHC) Directors Gerald E Crocker, Robert "Bo" Liess, Mat Sherwood and James Smeeding are added to a lawsuit for Conspiracy and other counts

2014-11-20 15:44 ET - News Release

TAMPA, Fla., Nov. 20, 2014 /PRNewswire/ -- The Board of Directors of CannapharmaRx, also known as Golden Dragon Holding Company, (stock symbol GDHC), have been added to multiple counts of the complaint filed by Gary M Cohen, the Founder, ex-President, Chief Operating Officer, and member of The Board of Directors, according to the National Association of Cannabis Pharmacy.  

Gerald E Crocker of Swedesboro, NJ, Robert "Bo" Liess of Plant City, FL, Mat Sherwood, of Silverthorne, CO, and James Smeeding, of Dallas, TX have all been added to the suit filed in Hillsborough County, Florida,  in addition to Gary Herick, of Edwards Co.

Cohen alleges that the Board of Directors conspired to wrongfully discharge him and steal his 2,250,000 shares of stock that was issued to him in the company after he attempted to have Herick removed as Director and Chairman of the Board, and requested the Board of Directors take immediate action for corporate wrong doings, breaches of duty, as well other allegations including equitable accounting, breach of duty of good faith, duty of loyalty & duty of care, abuse of control, conversion, misappropriation of business opportunities, and defalcation.

Cohen has also added additional counts to the complaint, including tortious interference with advantageous business relationships, conspiracy, ouster, and is also suing for being wrongfully terminated, which he called  a retaliatory personnel action in violation of Florida's Whistleblower Act, 448.102(3), Florida Statutes. Other counts included breach of written contract, and breach of both implied in-law and in-fact contracts.

For a full copy of the suit, see Hillsborough Court # 14-CA-010970

SOURCE National Association of Cannabis Pharmacy

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