Jerry Ballah

Executive Bio History

PriceNetUSA
Jerry Ballah, Director / President

Price Net USA, Inc. has filed a lawsuit in the superior court of Orange County, California against the former Director/President Jerry Ballah, Bruce Ballah, The Big Store.com, The Big Hub.com, The Big Biz.com, OhGolly.com, IPowerBiz, PriceNet Marketing, and MGI WorldNet.com (the Ballah group). The lawsuit was filed during August 2000 in the amount of not less than $25,000,000 for Breach of Fiduciary Duty, Fraud, Breach of Contract, International Interference with Contractual Relationships, Misappropriation of Trade Secrets, Unfair Competition, Accounting, and Injunctive Release. The discovery process is ongoing and the Company is vigorously pursuing the matter toward a favorable outcome. The case is set for a settlement hearing in August 2001.

10/2/2001 Source: SEC Filings from Pricenet USA

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