Crusader Investments Amends its Libel Complaint Against World Health Alternatives, Inc. Seeking Compensatory Damages and Punitive Damages Exceeding $20.0 Million to Include Richard E. McDonald as a Defendant.NEW YORK New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of -- Crusader Investments, LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control (the "Company") amended its libel complaint against World Health Alternatives, Inc. ("WHAI") today in the U.S. District Court for the Eastern District of New York adding Richard E. McDonald, Chairman and President of WHAI, individually, as a defendant in the lawsuit. The Company is seeking an undetermined amount of compensatory damages A sum of money awarded in a civil action by a court to indemnify a person for the particular loss, detriment, or injury suffered as a result of the unlawful conduct of another. and $20.0 million of punitive damages Monetary compensation awarded to an injured party that goes beyond that which is necessary to compensate the individual for losses and that is intended to punish the wrongdoer. relating to relating to relate prep → concernant relating to relate prep → bezüglich +gen, mit Bezug auf +acc WHAI's April 19, 2005 press release, in which, WHAI and Mr. McDonald made certain statements the Company maintains are false. The Company is eager to bring to light all the facts regarding this matter and the Company is anxious to review each of the transactions in which the Company was engaged to provide investment banking services to WHAI and to present those facts at trial in an effort to defend the Company's good name. In addition to the numerous emails and other communications between the Company and WHAI, the Company also anticipates involving some or all of the other participants in those transactions to support the Company's actions against WHAI. The Company is confident that when each and every transaction is reviewed and the facts are presented at trial, the Company will prevail in all claims against WHAI. In addition, in connection with Transaction Advisory Services' (TAS TAS abbr. 1. telephone answering system 2. true airspeed , an affiliate of the Company) lawsuit against WHAI for WHAI's alleged failure to pay investment banking fees exceeding $2.0 million, TAS will review all other transactions completed by WHAI during 2003 through 2005 to both support and defend itself in respect of that lawsuit. The Company and TAS are each seeking to be compensated for its legal costs and all other costs of pursuing this matter. The Company and TAS are each confident that they will prevail in all legal disputes between them and WHAI. Crusader Investments, LLC, through its wholly-owned subsidiaries, is a boutique investment bank with offices in New York and Los Angeles. Through its extensive relationships with institutional and private investors, the Company provides its public and private clients access to attractive sources of capital through both private placements and public offerings. The Company also offers traditional investment banking advisory services advisory services advisory services provided to the public, in their capacity as owners and managers of animals, are an important part of veterinary science. They may be provided by government bureaux, by commercial companies who deal in pharmaceuticals or animals or animal including merger and acquisition advice. The Company's goal is to build enduring, long-term client relationships by providing professional, independent and strategically advantageous advice. |
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