Arkin Solbakken LLP represents a founder of a motorcycle company in connection with a lawsuit against one of its co-founders claiming the right to buy back his stock pursuant to a purported stock repurchase agreement.  Lisa C. Solbakken commented on the lawsuit to media outlets across the country, announcing that Arkin Solbakken LLP’s client “has rejected the company’s claim and plans to countersue.”  Solbakken further advised that the purported stock agreement is “the product of a fraudulent scheme to dilute [Arkin Solbakken’s] client’s interest in the company.”

The following is a selection of articles with quotes from Solbakken, with links to the full articles:

Electric Motorcycle Company Sues NJ Co-Founder,” The Associated Press, December 30, 2013

Fort Lee Co-Creator Of Groundbreaking Motorcycle Faces Suit,” NorthJersey.com, December 30, 2013

Mission Motorcyles Sues Co-Founder, Counter-Suit Expected,” Autoblog Green, January 2, 2014