Visalus securities fraud lawsuit partially dismissed, case not over
Roughly nine months ago a lawsuit was filed against Visalus alleging securities fraud. Allegations in the lawsuit pertain to Visalus’ Founders Equity Incentive Plan, through which an estimated $15 million was invested in virtual shares. Those who invested were promised shareholder status and “dividend payments”, which never materialized. The lawsuit is an attempt by three [Continue reading…]