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Ag Aviation s 100th Anniversary Event | Aviation Week Network

Ag Aviation s 100th Anniversary Event | Aviation Week Network
aviationweek.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from aviationweek.com Daily Mail and Mail on Sunday newspapers.

Icon Investors File Lawsuit Against Major Shareholder Linked to Chinese Communist Party

Icon Investors File Lawsuit Against Major Shareholder Linked to Chinese Communist Party On June 1, Icon Aircraft founder Kirk Hawkins and other minority shareholders of the company filed a lawsuit against the company’s majority shareholder Pudong Science and Technology Investment Inc. (PDSTI) in Delaware Chancery Court (Docket No. 2021-0475). The minority group also includes a former Icon board member and former Boeing CEO Phil Condit. According to Aviation International News, the minority shareholders are accusing PDSTI of seizing control of the management of the company, breaching their fiduciary duty to shareholders, removing minority American board members, and blocking the company’s takeover negotiations with Yamaha. The moves are “all in support of its goal to expropriate Icon’s intellectual property to China,” reported AV Web, a global aviation news portal, on June 8, 2021.

service providers, Schema-Root news

service providers, Schema-Root news
schema-root.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from schema-root.org Daily Mail and Mail on Sunday newspapers.

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