BEN Ends Exclusive Reseller Relationship with AFG, Advances Automotive Initiatives
Portfolio Pulse from
Brand Engagement Network Inc. (BEN) has ended its exclusive reseller agreement with AFG Companies and filed a lawsuit against AFG and its CEO for fraudulent misrepresentation and breach of contract, including concealing a ransomware attack.
January 17, 2025 | 1:00 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
BEN has terminated its exclusive reseller agreement with AFG and filed a lawsuit alleging fraudulent misrepresentation and breach of contract, including a concealed ransomware attack.
The termination of the agreement and the lawsuit could lead to legal expenses and potential reputational damage for BEN. The allegations of fraudulent misrepresentation and a concealed ransomware attack may raise concerns about BEN's partnerships and security measures.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100