Chair Arnaud Adjler and Audit Chair Tracey Keates Alleged to Have Ordered Former CFO to Misrepresent Financial Statements to Show Stronger Performance
CFO Refused the Order and Was Subject to Retaliatory and Arbitrary Termination After the Release of Accurate Results
Plantro Calls on the Two Implicated Directors to Resign Immediately to Protect the Integrity, Reputation, and the Remaining Shareholder Value of Dye & Durham
ST. HELIER, Jersey, July 14, 2025 (GLOBE NEWSWIRE) — Plantro Ltd. (“Plantro” or the “Concerned Shareholder”) one of the largest shareholders of Dye & Durham Limited (“Dye & Durham” or the “Company”) (DND: TSX) which owns approximately 11% of the Company, today called on Dye & Durham’s Board of Directors (the “Board”) to respond to serious allegations of director misconduct at the Company.
Plantro has learned in recent days that the Board of Dye & Durham has received multiple whistleblower complaints. The most recent complaint includes serious allegations of misconduct by Arnaud Adjler, Chair of the Board, and Tracey Keates, Chair of the Audit Committee.
Plantro understands the material elements of the most recent whistleblower complaint to be as follows:
By Daniel Dale, CNN (CNN) — President Donald Trump made some false claims to the press while meeting with Ukrainian President Volodymyr Zelensky at the White House on Monday, including a long-debu...