Ousted Braidy Industries CEO Denies Claims

Ousted Braidy Industries CEO Denies Claims

The ousted CEO of Braidy Industries is firing back at allegations that he was misusing company funds.Last week Craig Bouchard filed suit against the company he founded over his removal as CEO and Chairman. He said then that the board violated a voting agreement when they removed him.In a response filed Thursday, Braidy officials say there were several “red flags” concerning Bouchard’s use of funds, including personal expenses charged by Bouchard to the company’s credit cards, more than $330,000 in unsubstantiated meal and travel charges.Bouchard denies those claims.




Source: MG News

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