VICTORY FOR DAVE MAYS AND ZINO THE GREAT

Source magazine co-owners Dave Mays and Ray Benzino scored a legal victory on Friday (March 3rd), when a judge blocked Mays and Benzino’s ownership interest in the magazine from being sold. New York State Supreme Court Judge Richard B. Lowe III has decided to uphold the temporary restraining order that blocked the auction of their company stock by Black Enterprise and Textron Financial Corp, citing his need for more time to examine the facts of Mays and Benzino’s multi-million lawsuit, which alleges that the board of directors colluded to steal the magazine and illegally ousted the two from their executive positions.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s