posted
Bye bye Mr. Sharp, let's get ready to go much higher again.
Victory Capital Holdings Wins Ruling Denying Injunction LOS ANGELES, CA -- (MARKET WIRE) -- 04/11/2005 -- Victory Capital Holdings Corporation (OTC BB: VTYC) announced it received a decisive victory Friday, when Judge Linda B. Quinn of San Diego Superior Court ruled against George Sharp.
Jon Fullenkamp, Chairman & CEO of Victory Capital Holdings Corp., commented, "It is disturbing that Sharp/Harter can file a motion for an injunction attempting to prevent Victory from adding value to the company and its stock through the various mergers and acquisitions it is involved in, and then not even deliver any supporting documentation to the courts for this frivolous filing. We view this as nothing more than a malicious attempt to injure the company, the share value and the shareholders, and we will seek every remedy afforded us under the laws of the court. We will continue with our legal right to protect our shareholders and add value to the Company."
The Honorable Linda B. Quinn presiding over San Diego Superior Court, Case Number GIC840172 additionally commented on the upcoming trial, "Plaintiff (Sharp) has not shown that he is likely to prevail at trial in showing the service contract entitles him to additional stocks and stock options." (http://www.sandiego.courts.ca.gov/portal/online/scsdrulings.html)
Victory Capital Holdings Corporation (VTYC), organized in Nevada, is a publicly traded company. The Company is designed to leverage the assets of existing, proven technology and to infuse those assets with marketing, management and financial support to become the recognized leader in its space. (http://www.vtyc.com).
Certain statements contained herein are "forward-looking" statements (as such term is defined in the Private Securities Litigation Reform Act of 1995). Because such statements include risks and uncertainties, actual results may differ materially from those expressed or implied by such forward-looking statements. Factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements include, but are not limited to, those discussed in filings made by the Company with the Securities and Exchange Commission.
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