Urvan

Verdict Rendered in Favor of Plaintiff Matthew Hayden in Unjust Enrichment Case in Federal Court

Retrieved on: 
Thursday, March 14, 2024
AMMO, Professional, Palm Beach Gardens, Florida, Betrayal, District court, DCY, PALM, Acquisition, POWW, Multimedia, GunBroker.com, Urvan

WEST PALM BEACH, Fla., March 14, 2024 /PRNewswire/ -- A federal jury issued a verdict in favor of plaintiff Matthew Hayden in the United States District Court for the Southern District of Florida [case number 9:21-cv-82051-MATTHEWMAN].

Key Points: 
  • WEST PALM BEACH, Fla., March 14, 2024 /PRNewswire/ -- A federal jury issued a verdict in favor of plaintiff Matthew Hayden in the United States District Court for the Southern District of Florida [case number 9:21-cv-82051-MATTHEWMAN].
  • After two and a half years of rigorous litigation, Mr. Hayden emerged victorious in his lawsuit in which he tried a single claim for unjust enrichment against Defendant Steven F. Urvan.
  • Mr. Hayden had an understanding from his communications with Urvan that Urvan would compensate Mr. Hayden for his efforts that led to the acquisition of Gunbroker.com.
  • Hayden asked a federal jury to award Urvan 1% of the benefit that Mr. Hayden provided to Urvan.

The Urvan Group Offers to Collaborate with AMMO Inc.’s Board of Directors to Set a Date for the 2022 Annual Meeting of Shareholders

Retrieved on: 
Monday, September 19, 2022
Finance, Business, Professional Services, Other Professional Services, Asset Management, UPON, Â, POWW, Time, LLC, Green University of Bangladesh, Annual general meeting, THE, Company, WHEN, NUALS Arts and Literary Annual Meet, U.S. Securities and Exchange Commission, Common stock, AMMO, Leadership, Democracy, NASDAQ, Urvan, Board, Stock dilution, Security (finance), NO, Russell, Management

Understandably, many shareholders have asked when the current Board intends to schedule the Companys Annual Meeting.

Key Points: 
  • Understandably, many shareholders have asked when the current Board intends to schedule the Companys Annual Meeting.
  • This is why the Urvan Group is offering to collaborate with the Board to set a fall 2022 date for the Annual Meeting, effectively ensuring shareholder democracy can play out in a timely manner.
  • In my view, neither side should need pre-conditions or qualifying terms to give shareholders what they deserve and want.
  • I am confident my actions and ideas not manufactured claims will inform how shareholders view myself and the Urvan Group.

The Urvan Group Issues Statement Regarding AMMO Inc.

Retrieved on: 
Tuesday, August 30, 2022
Professional Services, Finance, Security (finance), Common stock, NASDAQ, POWW, Green University of Bangladesh, UPON, U.S. Securities and Exchange Commission, Annual general meeting, NO, Company, AMMO, THE, NUALS Arts and Literary Annual Meet, Urvan, WHEN, Walker

Likewise, we urge leadership to avoid any action or transaction that dilutes shareholders ahead of the Annual Meeting.

Key Points: 
  • Likewise, we urge leadership to avoid any action or transaction that dilutes shareholders ahead of the Annual Meeting.
  • Please trust that the Urvan Group is committed to continuing to advocate for all shareholders best interests and pursuing a value-enhancing transformation of AMMO in the public market.
  • THE URVAN GROUP STRONGLY ADVISES ALL SHAREHOLDERS OF THE COMPANY TO READ THE SOLICITATION STATEMENT AND OTHER PROXY MATERIALS AS THEY BECOME AVAILABLE BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION.
  • IN ADDITION, THE PARTICIPANTS IN THIS PROXY SOLICITATION WILL PROVIDE COPIES OF THE SOLICITATION STATEMENT WITHOUT CHARGE, WHEN AVAILABLE, UPON REQUEST.