Islet Holdings Files Amended Complaint Against Islet Sciences

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Northerner

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In Setback for Diabetes Research New Allegations of Conspiracy and Racketeering Surface as Dr. Jonathan Lakey and Charles Daniel Rhodes Added as Defendants.

According to Islet Holdings, new allegations of conspiracy and racketeering and a written confession from a scheme participant have led to the resignation of CEO John Steel and the restructuring of the management team at Islet Sciences, Inc. ISLT +27.50% . The restructuring was announced after an amended complaint was filed in federal court charging that Islet Sciences has been enticing investments using false documents, and that Steel has "made numerous threats against anyone related to Isletech."

http://www.marketwatch.com/story/is...d-complaint-against-islet-sciences-2013-08-02
 
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