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Fountain Healthy Aging Inc. to Commence Lawsuits Claiming Over US$210,000,000 Against Dunn Capital Partners, Michael Bailey and Gowling Lafleur Henderson.

Publication: PR Newswire
Publication Date: 30-SEP-09 		Format: Online
Delivery: Immediate Online Access

Article Excerpt
LOS ANGELES, September 30 /PRNewswire-FirstCall/ -- Fountain Healthy Aging Inc. announced on September 30, 2009 that it is commencing legal proceedings against Dunn Capital Partners, its principal, Michael Bailey, its legal counsel, Gowling Lafleur Henderson (Gowlings) and others for a recovery of damages to the Company and its shareholders.

The claim arises as a result of the default by Dunn Capital Partners in making payments due to the Company under the terms of the agreement entered into between the Company, Oak Resources Limited and Dunn Capital Partners dated 29 July 2009 (the "Agreement"); the breach by Gowlings of the terms of an agreement under which it would hold stock certificates in the Company in escrow pending payment by Dunn Capital Partners and; the diminution of the value of the Company's stock as a direct result of the trading...

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