Thimar Development Loses Liability Case Against Former Board Members
Idag, 10:55
Idag, 10:55
04:55 AM EDT, 05/18/2026 (MT Newswires) -- Thimar Development Holding Co. (SASE:4160) said Monday the Appeals Committee for Securities Disputes ruled against the company on the liability lawsuit it filed against several former board members.
The appeals committee said that the agricultural products company did not identify the errors committed by each board member from March 2017 to July 2021 that resulted in harm to Thimar Development, or the basis for the compensation claim.
Idag, 10:55
04:55 AM EDT, 05/18/2026 (MT Newswires) -- Thimar Development Holding Co. (SASE:4160) said Monday the Appeals Committee for Securities Disputes ruled against the company on the liability lawsuit it filed against several former board members.
The appeals committee said that the agricultural products company did not identify the errors committed by each board member from March 2017 to July 2021 that resulted in harm to Thimar Development, or the basis for the compensation claim.
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