RMS TITANIC SUES FORMER DIRECTORS;
ALLEGES FORMER OFFICERS GAVE AWAY ARTIFACTS
The St. Petersburg Times (14 Nov 03, "Lawsuit Filed Over 'Titanic' Artifacts") reports that RMS Titanic, Inc has filed suit against three former directors seeking recovery of artifacts given away and videos of recovery operations. In the Pinellas-Pasco Circuit Court filing, the company is suing former company president George Tulloch, former general counsel and director Allan Carlin, and former director Paul-Henri Nargeolet. RMS Titanic alleges that Tulloch gave artifacts away while working at the company, and that many of these artifacts were given to friends or relatives. Carlin, as general counsel, allegedly knew of this activity.
Additionally, the company alleges that Nargeolet and Carlin failed to disclose the existence of video and film concerning company operations, which includes recovery operations.
The suit seeks $4 million in damages.
(My thanks to Bill Willard for heads up on this)
http://www.titanicnewschannel.com
ALLEGES FORMER OFFICERS GAVE AWAY ARTIFACTS
The St. Petersburg Times (14 Nov 03, "Lawsuit Filed Over 'Titanic' Artifacts") reports that RMS Titanic, Inc has filed suit against three former directors seeking recovery of artifacts given away and videos of recovery operations. In the Pinellas-Pasco Circuit Court filing, the company is suing former company president George Tulloch, former general counsel and director Allan Carlin, and former director Paul-Henri Nargeolet. RMS Titanic alleges that Tulloch gave artifacts away while working at the company, and that many of these artifacts were given to friends or relatives. Carlin, as general counsel, allegedly knew of this activity.
Additionally, the company alleges that Nargeolet and Carlin failed to disclose the existence of video and film concerning company operations, which includes recovery operations.
The suit seeks $4 million in damages.
(My thanks to Bill Willard for heads up on this)
http://www.titanicnewschannel.com