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Star Navigation Systems Group Ltd C.SNA

Alternate Symbol(s):  SNAVF

Star Navigation Systems Group Ltd. is a technology company. The Company is focused on providing aerospace and transportation data services solutions along with hardware and software platforms that assist aviation and other transport related operators worldwide. It manufactures In-flight Safety Monitoring System (STAR-ISMS), an aircraft computer that is at the heart of the Star Airborne Data System (STAR-A.D.S.). The STAR-A.D.S. system has real-time capability with GADSS capability tracking, all aircraft systems performance trends and predicting incident-occurrences, which enhances aviation safety and improves fleet management. In addition, Star Man, Machine, Interface (MMI) Defense Division designs and manufactures high performance, mission critical, flight deck flat panel displays for defense and commercial aviation industries worldwide. STAR-V-TRK system is a small-scale tracking and monitoring system that can be installed on smaller vehicles such as boats, marine, trains and trucks.


CSE:SNA - Post by User

Post by Pgstock24on Feb 20, 2021 5:04am
428 Views
Post# 32617739

Mr Jean-Louis Lamar

Mr Jean-Louis Lamar
On or about October 16, 2020, Mr. Jean-Louis Larmor, the Company’s former interim Chief Executive Officer, and Vice-President, Corporate Development filed various complaints against the Company and its subsidiary, Star-Isoneo Inc., including a monetary complaint for amounts owed to Mr. Larmor, a prohibited practice (in accordance with Article 122 of the Act Respecting Labour Standards), and a dismissal without just and sufficient cause (in accordance with Article 124 of the Act Respecting Labour Standards). At this stage, it is the opinion of the Company’s legal counsel that it is not possible to assess the amount of money that these claims represent until further details regarding the amount claimed have been provided by CNESST. With respect to the complaints for prohibited practice and of dismissal, if Mr. Larmor’s complaint were to be accepted by the tribunal, he would be entitled to full retroactive salary between the date of his reinstatement and the date of his termination of employment, in addition to other potential damages.
On or about October 19, 2020 and October 27, 2020, two complaints against the Company and its subsidiary, Star-Isoneo Inc. were brought by two former employees. The complaints are for an amount owed to each employee (monetary complaint); and a dismissal without just and sufficient cause (in accordance with Article 124 of the Act Respecting Labour Standards). At this stage, it is the opinion of the Company’s legal counsel that it is not possible to assess the amount of money that these complaints represent until further details regarding the amounts claimed have been provided by CNESST. With respect to the complaints for dismissal, if the employee’s complaint were to be accepted by the tribunal, the employee would be entitled to retroactive full salary between the date of reinstatement and the date of termination of employment, in addition to other potential damages
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