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Wrong Frank Maguire?

Frank Maguire

Chief Executive Officer

Foldax, Inc.

Direct Phone: (801) ***-****direct phone

Email: f***@***.com

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I agree to the Terms of Service and Privacy Policy. I understand that I will receive a subscription to ZoomInfo Community Edition at no charge in exchange for downloading and installing the ZoomInfo Contact Contributor utility which, among other features, involves sharing my business contacts as well as headers and signature blocks from emails that I receive.

Foldax, Inc.

Background Information

Employment History

President

Imaging and Power Systems


Chief Executive Officer

AorTech International plc


Vice President and General Manager

Baxter International Inc


Vice President

C. R. Bard , Inc.


Vice President Operations

Bard


Web References(91 Total References)


www.sec.gov


Frank Maguire 825 North 300 West Suite 500 Salt Lake City UT UTAH 841588 Executive Officer Director


www.aortech.com

Exceptional costs relating to the litigation against Frank Maguire and related parties amounted to $204,000 which compares to the cost incurred at the 6-month stage of $212,000, the reduction in the second half of the year being a further recovery from our insurers net of the excess on the insurance policy payable by AorTech.
Over the course of the year, the cash position fell from $642,000 to $360,000. At the interim stage however, the cash position stood at $335,000 and there has therefore been progress during the second half. Litigation As previously reported in our interim accounts and in our recent update to shareholders released on 16 April 2015, the Company continues to pursue a legal action against the former CEO Frank Maguire. This litigation has been extended and has commenced against Foldax, the Company of which Mr Maguire is presently CEO, together with other associated parties. This litigation which was started in California has now been transferred to Utah to sit alongside the case against Frank Maguire. As previously announced, Mr Maguire has made a counter claim for alleged non-payment of expenses amounting to $168,000. No provision has been made in these financial statements for any potential gains or losses as the action has not progressed sufficiently. Your Board continues to pursue this action against Mr Maguire, Foldax and other connected parties in order to protect the interests of AorTech and its shareholders.


www.aortech.com [cached]

We continue to pursue the case against our former CEO Frank Maguire.


www.aortech.com [cached]

Frank Maguire, Chief Executive Officer (appointed April 2003)


www.aortech.com

The Company confirms that it continues to pursue its legal dispute against its former CEO Frank Maguire.
Mr. Maguire has made a counterclaim for alleged non-payment of expenses totalling $168,000. The Board believes that this claim is of little merit and appears to include expenses already reimbursed. The Company will continue to defend the claim vigorously. As anticipated, the Company has also brought a lawsuit against Mr. Maguire's new business interest and certain related parties.


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