Power3 Alleges Insider Trading by Two of its Largest Shareholders

The lawyer for the shareholders called the allegations false, "misleading and defamatory," and is prepared to file a countersuit alleging "breach of contract, misrepresentation, very probably defamation, breach of their fiduciary duty to the company and its shareholders, and in all probability there will be security law violations that we will allege, as well, on the part of the officers."

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