litigation
confidence high
sentiment negative
materiality 0.35
Teucrium updates litigation: Riker Case 1 dismissed; new Riker Case 2 consolidated; Barbara Riker adds counterclaims
Teucrium Commodity Trust
- Riker Case 1 in NY Supreme Court dismissed without prejudice on April 22, 2021, pending Delaware Chancery case outcome.
- New Riker Case 2 filed June 29, 2021 in Delaware Chancery; consolidated with Gilbertie Case as Gilbertie-Riker Case.
- Rikers filed answers on Sept 7, 2021, adding counterclaims including breach of fiduciary duty, fraud, and conspiracy.
- Sponsor states it will vigorously pursue claims and defend against counterclaims in Delaware.