leadership
confidence high
sentiment negative
materiality 0.80
Investview CEO placed on leave after civil/criminal charges; James Bell named acting CEO
Investview, Inc.
- CEO Joseph Cammarata placed on admin leave after civil and criminal charges related to Alpha Plus Recovery, an unrelated entity.
- Board removed Cammarata from all duties pending internal investigation with outside legal counsel.
- James R. Bell, a director since April 2020, appointed acting CEO to oversee daily operations.
- Company states Cammarata's alleged activities ended before he joined Investview in Dec 2019.
- COO Annette Raynor expressed confidence in business continuity despite the situation.