[H]ardNews 6th Edition
Infinium Labs Sued By Investors:
According to the Whereisphantom website, it would seem that Infinium Labs is being sued by investors for breach of contract and fraud. Here is a bit of the information WIP has posted:
SBI-USA the investment firm that has been working with Infinium Labs to raise investment capital has sued Infinium Labs for what else? Non-payment. The lawsuit was filed in the United States District Court, Central District of California, against Infinium Labs and its CEO, Tim Roberts, stating claims for breach of contract and fraud arising from Infinium Labs Inc.'s default under an Investment Banker/Advisor Agreement entered into with SBI-USA, LLC in March 2004.
