Bolt Financial's Chairman Is Controlling Board, Suit Says

By Katryna Perera (March 12, 2024, 10:35 PM EDT) -- Stockholders of Bolt Financial Inc. on Monday updated their derivative complaint against the company's board of directors, alleging chairman, controlling shareholder and former CEO Ryan Breslow purposely defaulted on a $30 million loan that was secured by Bolt and that he has repeatedly appointed and removed directors for his personal interests....

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