06:01:31 EDT Fri 18 Jun 2021
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Datametrex AI Ltd
Symbol DM
Shares Issued 292,769,034
Close 2021-05-13 C$ 0.23
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Datametrex sues over "double-deleted" accounting data

2021-05-13 16:51 ET - Street Wire

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by Mike Caswell

Datametrex AI Ltd., a cybersecurity promotion trading on the Canadian Securities Exchange, has filed a lawsuit in the Supreme Court of British Columbia against a former accountant, Jihyun Son. The company claims that Ms. Son abruptly left her job and "double deleted" the company's accounting files. Her departure was particularly damaging, as it came in the midst of an audit, the suit states.

The allegations are contained in a brief notice of claim that Datametrex filed against Ms. Son at the Vancouver courthouse on April 28, 2021. The lawsuit identifies Ms. Son as a former senior manager who was responsible for accounting functions that included receivables, payables and payroll. Her employment agreement specified that she would serve the company "faithfully and loyally" and would act in its best interests.

The problems, as set out in the suit, began on March 25, 2021, when Ms. Son resigned her job with no warning, in the midst of an audit. She provided the company with two weeks of notice, but refused to work during that two-week period, the suit states. Adding to the trouble, Datametrex says that it quickly discovered it was unable to access the files Ms. Son had been using. She had not been saving them on the corporate server, instead keeping them on a company laptop that remained in her possession.

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