According to a recent article from TheStreet.com, written on December the 11th of 2015, it appears that the U.S. Court had issued a certain Temporary Restraining Order against Laidlaw & Company….including its principals Matthew Aitner and James Ahern. They were cited as having disseminated false and misleading statements, and it seems that the overall interests of Relmada stockholders was not quite as secure as had been hoped for. These things do happen.
In further words, I quote:
“Relmada Therapeutics, Inc. (OTCQB: RLMD) (“Relmada” or the “Company”), a clinical-stage company developing novel therapies for the treatment of chronic pain, today announced that the U.S. District Court for the District of Nevada has issued a temporary restraining order and associated injunction…” (https://www.thestreet.com/story/13394818/1/us-federal-court-issues-temporary-restraining-order-against-laidlaw-company-and-its-principals-matthew-eitner-and-james-ahern.html, pg. 1)
It is truly tragic: the very fact that such a lack of trust and its involving action such have to entail such a previously well known company and its two top executives.
I am first and foremost surprised to hear of this, especially as it had involved Laidlaw & Company itself….which does not appear to have had many (or any) such lawsuits filed against it in the past—-and no previous issues of moral question as it involved Mr. Aitner and Mr. Ahern. For that, I am appalled. It truly does appear that we as a society are coming to understand less and less of who we can truly trust in these days. The line is very gray. Who is to trust and who is not to trust? Can we ever truly know with certainty? The answer is no; we can not.