Sign In  |  Register  |  About Livermore  |  Contact Us

Livermore, CA
September 01, 2020 1:25pm
7-Day Forecast | Traffic
  • Search Hotels in Livermore

  • ROOMS:

Shareholders File Lawsuit Against KL Acquisition Corporation, Kennedy Lewis, David Kho for Fraudulent Conveyance

MIAMI, FL / ACCESSWIRE / May 26, 2021 / Shareholders for Stimwave Technologies Incorporated affiliate Micron Devices LLC, announced that a lawsuit has been filed against KL Acquisition Corporation, and it's alter ego Kennedy Lewis Investment Management LLC, an opportunistic lender, and Director David Kho. The lawsuit filed in United States Bankruptcy Court for the Southern District of Florida alleges fraudulent conveyance and unjust enrichment for the 2017 LLC investment group who has recently launched the blank check entity KL Acquisition Corporation.

The complaint alleges that KL and Kho made materially false and misleading statements to the court and the Trustee Tarek Kiem and disclosed confidential shareholder information intentionally in order to unjustly enrich the Kennedy Lewis position, enable unfair competition and unfair trade practices utilizing shareholder assets. The complaint also alleges fraudulent conveyance of shareholder personal assets to the benefit of the Defendants.

Kennedy Lewis is an opportunistic lender, website at The complaint can be found at,_etal_v_Kiem,_Trustee_et_al.

Micron Devices LLC

SOURCE: Micron Devices

View source version on

Data & News supplied by
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.
Copyright © 2010-2020 & California Media Partners, LLC. All rights reserved.