TradingScreen's management have stated that the latest communication from Philippe Buhannic is, yet again, totally baseless, reckless, and without merit. It is pure fabrication.
"This 'RICO action' represents just the latest of Philippe's string of reckless and baseless attacks against TradingScreen (TS), members of its management team, its legal counsel and now even the American Arbitration Association (AAA) and the three members of the AAA panel who last year unanimously ruled against Philippe and his brother Patrick in an arbitration action they had brought against TS in New York.
"Like the other actions Philippe has brought to date against TS, its officers and directors, this one will also be unsuccessful and will likely be dismissed by the Court in the near future.
Trading Screen