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Professional Reader



Friday, February 15, 2008

This post gets taken down tonight

Scott Jennings received this notice:

To avoid further harm resulting to our client from the violation of the Court’s sealing Order, we hereby demand that by no later than the close of business tomorrow (February 15, 2008) you: (1) take down your January 30, 2008 article discussing the allegations in the sealed document and (2) send our office all copies of the Complaint in your possession, custody or control.
clipped from brokentoys.org

Pierce To Yantis To Evers To Chance: The Rise And Fall Of IGE

MMOcitizen.com, a website operated by the law firm currently bringing a class action lawsuit against IGE, obtained and published a copy of a complaint in another lawsuit involving IGE: this one brought against former CEO Brock Pierce last year by co-founder Alan Debonneville.

For almost 5 years, Debonneville has dedicated his entire life to the creation, development, and success of IGE US, LLC (”IGE”). IGE’s meteoric rise from an under funded startup to the market leader culminated in a Goldman-Sachs investment of $60,000,000, which set the value of IGE at the time of $220,000,000. While Pierce, a flamboyant former child actor, has always been the public face of IGE, Debonneville has been the tireless working founder, responsible for the expansion and operation of the company.

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