Posted 3/13/2024, 7:18:46 PM
UTA and Ex-President Battle Over Resignation Terms, Misused Funds
- Kassan claims he resigned from UTA after being lied to about his responsibilities and privileges, while UTA says it fired him for misusing company funds
- UTA alleges Kassan treated company money as a "personal slush fund", paying personal expenses and credit card debt
- Kassan claims UTA failed to honor promises about his role, tried to force MediaLink price increases, and cut marketing budget
- Kassan argues his special expenses budget was agreed upon and used to create business opportunities
- The legal dispute may center on whether UTA reneged on merger promises made to induce Kassan's approval