03:37 PM EST - Frankly Inc. : Acknowledges that a Complaint has been filed, but not yet served, by Gannaway Entertainment, Inc., Albert C. Gannaway III, and Samantha Gannaway in United States District Court for the Northern District of California against Frankly, its CEO, CFO/COO and others alleging violations of United States securities laws, fraud and breach of fiduciary duties, and seeking in excess of $15 million U.S. in damages, arising out of Frankly's acquisition of Gannaway Web Holdings, LLC, from GEI and other parties in 2015. Frankly Inc.
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