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Diversified Royalty Corp T.DIV

Alternate Symbol(s):  BEVFF | T.DIV.DB.A

Consumer Cyclical Media - Diversified
Diversified Royalty Corp. is a multi-royalty company. The Company is engaged in acquiring royalties from multi-location businesses and franchisors in North America. It owns Mr. Lube + Tires, AIR MILES, Sutton, Mr. Mikes, Nurse Next Door, Oxford Learning Centres, Stratus Building Solutions and BarBurrito trademarks. Mr. Lube + Tires is the quick lube service business in Canada, with locations across Canada. AIR MILES is a coalition loyalty program. Sutton is a residential real estate brokerage franchisor business in Canada. Mr. Mikes operates casual steakhouse restaurants in western Canadian communities. Nurse Next Door is a home care provider. Oxford Learning Centres is a franchisee supplemental education service. Stratus Building Solutions is a commercial cleaning service franchise company providing comprehensive environmentally friendly janitorial, building cleaning, and office cleaning services in the United States. BarBurrito is a quick-service Mexican restaurant food chain.


TSX:DIV - Post by User

Diversified Royalty Corp
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Comment by DesertFox2on Jan 12, 2012 2:21pm
225 Views
Post# 19397460

RE: Canadian Press follow on Bennett sujit

RE: Canadian Press follow on Bennett sujit

A "Counter suit" 7 years later - really?

States he  has also filed a complaint with the OSC over "the disparaging way the company acknowledged the latest legal action on Monday."  Really?

From "Canadian Business, Jan. 10, 2012":  ".....caused BEI to issue press release and make SEC filings that misrepresented and exaggerated a contract that it extolled as 'the largest in the company's history with a value of $200 million.'   The reality was quite different, it seems.

Now stating he was not responsible for press releases (while CEO).  Really?

Bennett plead guilty and agreed to pay an SEC fine equivalent to C$120,000.00.  The OSC also fined Bennett $300,000.00 (which insurance paid).

Now Bennett is saying he was "encouraged" to plead guilty by his solicitors.  Really?

Is he also suing solicitors for bad advisement? 

 

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