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Taamah to review liability case against ex-CEO
Taha Public Relations and Advertising Company announced the issuance of an initial decision by the Securities Disputes Settlement Committee regarding a liability lawsuit against its former CEO, Abdulaziz Najeeb Al-Sweilem. The company intends to file an appeal against the decision before the Appeal Committee, as the ruling indicated a lack of jurisdiction to consider some of the requests, and rejected the remaining claims for procedural and regulatory reasons. The company stated that it is currently reviewing the decision and its legal grounds, and is committed to taking all necessary legal measures to protect its interests and the rights of its shareholders.
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