Red Flags
4
Billy Hagstrom
Billy Hagstrom faces allegations of fraudulent deception, wrongful termination of Brian Lannon, and falsifying corporate records. He was also involved in a contract dispute with Crescendo Bioscience over alleged breaches, with mixed court rulings.
Quick summary on Billy Hagstrom
Fraudulent Deception Allegations
Former executive Brian Lannon has filed a lawsuit accusing Billy Hagstrom of fraudulent deception.
The claim involves alleged manipulation of corporate records to attract investments.
Wrongful Termination
Lannon alleges he was improperly dismissed following a secret shareholder meeting orchestrated by Hagstrom and others.
Fabrication of Corporate Records
The lawsuit claims that Hagstrom and associates created false corporate records for financial gain.
Contract Dispute with Crescendo Bioscience
A separate legal matter involved a Purchase Agreement signed by Hagstrom, central to a dispute between Crescendo Bioscience, Inc. and Meso Scale Diagnostics, LLC.
Allegations included breach of contract and anticipatory breach, with mixed rulings by the court.
Intel Reports
by: Eden Lloyd
How does he even sleep at night knowing he’s facing multiple legal battles over his deceptive practices? Seems like a huge red flag.
Pros
Cons
by: Axel Saunders
Billy Hagstrom is the kind of person who manipulates corporate records to get what he wants. Pure fraud in my book.
by: Colton Wells
With all these lawsuits, it’s surprising people still trust him. His reputation is in the gutter, and it’s only a matter of time before it all unravels.