Paragon Technologies Files Litigation Against OPT Directors for Breach of Fiduciary Duties and Entrenchment Actions
EASTON, PA / ACCESSWIRE / October 9, 2023 / Dear Shareholders of Ocean Power Technologies: Paragon Technologies, Inc. ("Paragon") (OTC PINK:PGNT), a diversified holding company, owns approximately 3.9% of the outstanding shares of the Company, which we believe makes Paragon the single largest shareholder in OPT. This week Paragon commenced litigation against Ocean Power Technologies, Inc. board of directors - Terence J. Cyran, Peter E. Slaiby,...
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