other material
confidence high
sentiment neutral
materiality 0.60
Teucrium settles litigation and replaces Dale Riker with Van Eck as Class A member
Teucrium Commodity Trust
- Settlement agreement resolves three lawsuits among Teucrium Trading, Sal Gilbertie, Carl Miller, Cory Mullen-Rusin, Steve Kahler, and Dale and Barbara Riker.
- Agreement effective May 10, 2024; no financial terms disclosed.
- Van Eck Associates Corporation replaced Dale Riker as a Class A member of Sponsor Teucrium Trading on May 10, 2024.
- Post-change: Sal Gilbertie and Van Eck each hold 45.74% of Class A membership; Carl Miller holds 8.52%.
- New principals include Van Eck, Gilbertie, COO Steve Kahler, and CFO Cory Mullen-Rusin; GFI Group and NMSIC Classic also listed as principals.