ORLANDO, Fla., April 20, 2016 -- The Law Office of A.A. McClanahan Jr., announces it has commenced civil litigation t for fraudulent misrepresentation to shareholders as to its shares of stock, and the acquisition of capital from third party investors along with the purposeful devaluation of company’s assets with possible damages in excess of $3 million as to two of its third party investors. The Principal Claimants are Roy Meadows and Donna Rayburn with claims founded upon breaches of Demand Convertible Promissory Notes and beaches of an Exchange Agreement.
On April 15th, 2016, Rocky Mountain High Brands, Inc. (OTC:RMHB) was named in litigation in Seminole County, Florida, in the Eighteenth Judicial District that disputed actions taken by the Board and made demand for repayment of promissory notes and exchange agreements that total $2,947,093.99. An additional action was brought by Donna Rayburn for default under a Demand Convertible Promissory Note. The company defaulted on the promissory notes in an amount in excess of $2,000,000 and an Exchange Agreement for a dollar for dollar exchange of shares of a new class of preferred stock, Preferred Class C.
Rocky Mountain High Brands, Inc., a Nevada Corporation with its principal business operations being located in Texas, named Roy Meadows a “Control Person” which is contrary to the latest quarterly report filed and represents a fraudulent misrepresentation of facts to future investors. Further, the several reports which have been filed contain misrepresentations as to the debts and assets of the company. There are presently pending claims against the company for Fraudulent Misrepresentations; Breach of the Demand Convertible Promissory Notes, Breach of the Exchange Agreement, Fraud by Concealment, Conspiracy to Commit Fraud by the Company and its Officers and Directors, Violations of the Deceptive and Unfair Trade Practices Act along with other claims. Additionally, there is pending an action for temporary injunction to prevent the further dilution of the assets and stock of the company, actions which the Company, officers and directors undertook and which has been in process since the adjournment of the Binding Arbitration Proceeding. There is further pending a Third Party Complaint naming the Officers and Directors founded upon claims of fraud, conspiracy and conversion which will be filed Wednesday, April 19, 2016.
For additional information please contact A.A. McClanahan Jr., Esq. either via email at [email protected] or by telephone at (407) 322-6012.


Kia Cuts EV Sales Target for 2030 Amid Slowing Demand and U.S. Policy Shifts
Foreign Investors Pour $18.65 Billion into Japanese Stocks Amid Market Stabilization
China's AI Stocks Surge as Zhipu and MiniMax Hit Record Highs
U.S. Automakers Push Back Against EU Rules Blocking American Trucks from European Market
MATCH Act: How New U.S. Chip Legislation Could Freeze China's Semiconductor Ambitions
Disney Plans to Cut 1,000 Jobs Amid Ongoing Restructuring Efforts
NIO ES9 SUV Launch Sends HK Shares Down 7% Despite Bold Pricing Strategy
Pilots Fear Retaliation for Refusing Middle East Flights Amid Ongoing Conflict
Bank of America Identifies Top Asia-Pacific Semiconductor Stocks Poised for AI-Driven Growth
FedEx Pilots and Union Reach Tentative Agreement on 40% Pay Increase
Chinese Brands Are Taking Over Brazil — And It's Just Getting Started
Abbott Laboratories Ordered to Pay $53 Million in Premature Infant Formula Lawsuit
China Vanke Seeks Bond Extension Amid Mounting Debt Crisis
Goldman Sachs, ANZ Cut Oil Forecasts Amid U.S.-Iran Ceasefire Hopes
Lumentum Holdings Rides AI Wave With Order Book Filled Through 2028
Bill Ackman Eyes New Fund to Bet Against Market Complacency
OpenAI Addresses Security Vulnerability in macOS App Certification Process 



