CEA Industries Sues 10X Capital to Void Agreement, Recover Fees

Key Highlights

• CEA Industries filed a complaint against 10X Capital LLC, its Asset Manager.
• The lawsuit was filed in the United States District Court for the District of Delaware.
• The company seeks a declaration that the Asset Management Agreement (AMA) is void.
• CEA Industries alleges the AMA is
• oppressively one-sided
• and
• unconscionable
• .
• The complaint demands the return of all fees paid to 10X Capital under the AMA.