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Bunimovitz, Stockholders Claim They Own Private

LAS VEGAS — In a story that’s reading like The Producers and who owns the majority shares in Springtime for Hitler, former Private Media Group CEO Ilan Bunimovitz [pictured] and four large investors claim that, collectively, they hold more than 50 percent of the voting power of Private’s common stock.

According to a story reported on www.xbiz.com, the stockholders are Consipio Holding BV, which purports to hold 5.6 million shares of the company; Tisbury Services Ltd., which owns 2.8 million shares; Bunimovitz, who owns 1.9 million shares; and financier Claudio Gianascio.

They claim they’re the majority shareholders and together hold a majority interest in Private.
Meanwhile, Private has vowed to file counterclaims against Bunimovitz, seeking monetary damages and other relief.
The move is in response to Bunimovitz’s and the investors’ claims alleging mismanagement of the company’s business by the company’s three independent directors, Johan G. Carlberg, Peter Dixinger, Bo Rodebrandt and Private’s CEO and chairman Berth Milton.

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