Carbon Streaming Files Claim Against Former Executives and Consultants

Carbon Streaming Corporation has taken legal action against former executives, directors, consultants, and associated entities, filing a claim in the Ontario Superior Court of Justice. The aim is to address breaches of fiduciary duty, fraudulent misrepresentation, and unjust enrichment that have negatively impacted the company’s financial status.

The lawsuit targets individuals such as Justin Cochrane, Conor Kearns, Anthony Milewski, Michael Beck, Maurice Swan, Andrew Scott Tester, Jeanne Usonis, as well as entities like The Oregon Group LLC, Regent Advisors LLC, and others. Allegations include claims of misconduct such as failing to act in the company’s best interests, making false representations, and diverting funds, resulting in financial losses.

Carbon Streaming seeks damages totaling at least USD $30.1 Million against Justin Cochrane and varying sums against other named defendants. The company’s efforts to address the alleged wrongdoing are outlined in a detailed Statement of Claim, accessible to the public.

A prominent player in the carbon credit market, Carbon Streaming focuses on environmentally impactful projects that benefit local communities, biodiversity, and the planet. By emphasizing the importance of carbon reduction and removal potential, the company contributes to a cleaner, healthier environment.

For more information about Carbon Streaming’s initiatives or the legal proceedings, interested parties can contact the CEO, Marin Katusa, at 365.607.6095 or visit the company’s website. Additionally, inquiries regarding investor relations or media inquiries can be directed to specific contact points provided on the official website.

It’s important to note that the information shared in this release contains forward-looking statements and information based on the company’s current expectations. While efforts are being made to address the issues at hand, uncertainties in the market and other factors may influence actual results. The company is transparent about potential risks and continues to work towards its objectives despite challenges.