Linqto, Inc. today re-released a detailed account of the rationale for filing for Chapter 11 bankruptcy protection, reviewing the serious fraud and misconduct committed by William (Bill) Sarris, Linqto’s former Chief Executive Officer and founder and the prior management. The Company shared new information connected to the fraudulent behavior that occurred under Mr. Sarris’ leadership, reiterated the timeline of events, and restated the facts previously submitted by Linqto to the United States Bankruptcy Court for the Southern District of Texas in the Company’s First Day Declaration.
