An announcement from Beneficient (BENF) is now available.
James G. Silk has stepped down from his positions on Beneficient’s Board and as Chief Legal Officer, effective May 10, 2024, without any disputes regarding company operations. He will remain as a consultant, compensated in stock. Separately, Beneficient faces a hefty $55.3 million payout for contractual breach after arbitration over terminated equity awards, in addition to arbitration costs, while considering options to challenge the decision.
See more data about BENF stock on TipRanks’ Stock Analysis page.
