Extract/highlights of SEC complaint
TCR Submitted Successfully - Reference Number: TCR1407268193838
Tell us about your complaint
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Insider trading
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Corporate insider
Provide additional details about your complaint:
I (and others) believe there is compelling, long-term, easily demonstrated evidence that both insider and insider related individuals have been manipulating news, corporate actions, awards, options & trading to their personal advantage with IMAX. This includes but is no doubt not limited to falsification of corporate status and news releases, falsified and/or misleading financial reports, abuse of options, fiduciary negligence, failure to maintain an effective or legal Board, misuse of legal actions, manipulation of corporate goals. Essentially that the corporation has been used as a personal piggybank with no consideration (and in fact fraud and abuse) for the honest investors and employees of the Corporation. (See multiple previous SEC/TSE complaints)
IMAX corporation New York offices
Richard Gelfond CEO (and ex co-chairman)
Bradley Wechsler (board and ex co-CEO and co-Chairman)
Marc A. Utay (hanger on from the old leveraged buyout of IMAX)
Weird assortment of "Board" members with personal ties/involvement with IMAX and above 3 miscreants