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iSignthis defends share dispute brought by investor

iSignthis Ltd BVI, its managing director John Karantzis, and his investment vehicle Select All Enterprise, are named as defendants in a share dispute brought by an early investor, David Edmonds, who argues he never received the performance shares owed to him.

Mr Karantzis, Select All and the British Virgin Isles-business which became the basis of the ASX-listed fintech darling of the same name forcefully reject the key claims, including that of loss, made by Mr Edmonds and his Larkspur Tribeca in their Federal Court proceedings.

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Jonathan Shapiro writes about banking and finance, specialising in hedge funds, corporate debt, private equity and investment banking. He is based in Sydney. Connect with Jonathan on Twitter. Email Jonathan at jonathan.shapiro@afr.com
Vesna Poljak was The Australian Financial Review’s companies editor.

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    Original URL: https://www.afr.com/markets/equity-markets/isignthis-defends-share-dispute-brought-by-investor-20190918-p52sni