The founder of a cannabis business now controlled by William Beau Wrigley has sued affiliates of the chewing-gum heir, saying Wrigley is using a self-dealing corporate restructuring to make fraudulent asset transfers and dodge a court judgment.
The lawsuit made public Thursday targets the insolvent marijuana enterprise, Parallelwhich operates the Surterra Wellness retail brandalong with board members and investment vehicles linked to the billionaire Wrigley.
It was filed by Jacob Bergmann, who won nearly $22 million from Parallel last year after it failed to repay a loan related to the settlement of a case challenging the buyout price for his …
Read the full article at: https://news.bloomberglaw.com/health-law-and-business/billionaire-wrigley-heir-sued-for-cannabis-company-restructuring