Job offersmore »

Tweeting Growers

Top 5 - yesterday

Top 5 - last week

Top 5 - last month

Exchange ratesmore »

Former employee sues Global Aquaponics, calls it 'sham corporation'

A former employee of Global Aquaponics is suing the company and two of its officials, calling the firm a "sham corporation."  

Gregg Selberg filed the suit in Brookings County on Tuesday, claiming he was purposely misled about the company's fraudulent activities, which tarnished his reputation and wiped him out financially after he discovered the truth and quit.

The suit names Sioux Falls-based Global Aquaponics, majority owner Tobias Ritesman and former executive Tim Burns. Selberg is asking for a jury trial and at least $382,000 in damages.

Selberg said he left his previous job after he was led to believe Global Aquaponics was legitimate. He said Burns and Ritesman knowingly misled him about Global Aquaponics when they hired him in 2016 to sell shares in the company to potential investors.

Read more at the Argus Leader (Jeremy J Fugleberg)

Publication date: 9/12/2017



Other news in this sector:

9/25/2017 Disinfection: Well begun is half done
9/25/2017 UK: Thompson & Morgan announces company changes
9/22/2017 Lighting Science appoints technology executive Khim Lee as president
9/22/2017 FMC receives antitrust clearances to acquire DuPont crop protection assets
9/22/2017 NL: Certhon builds own Innovation Centre
9/22/2017 Belgium: "Cheaper energy through flexible control"
9/22/2017 Svensson welcomes new Climate Consultant in Latin America
9/21/2017 Canada: Agrium and PotashCorp receive clearance for merger
9/21/2017 BioSafe Systems adds to Food Safety and QA/QC Teams
9/21/2017 Agritech Solutions and Delphy join Latia as shareholders
9/21/2017 Marsha Bro named Executive General Manager for Kemin Crop Technologies
9/21/2017 Dole goes back to the stock market
9/20/2017 Bayer Crop Science unveils plans for the future
9/20/2017 2nd annual itís #timetochill event during Canadian Greenhouse Conference
9/20/2017 Australia: Successful IPO for CropLogic
9/20/2017 30 year Biobest celebrations spark enthusiasm
9/20/2017 "Unusual business as usual"
9/19/2017 Grigg Brothers re-brands as Grigg
9/19/2017 Wolfgang Nickl named new CFO at Bayer
9/18/2017 Peruvian grape growers embrace next level propagation