Paragon Technologies Inc. is embroiled in litigation involving its former Chairman and CEO, Hesham "Sham" Gad. The company's board has accused Gad of making misleading statements to shareholders and engaging in actions that exposed Paragon to significant legal and reputational risks. Gad, who allegedly worked illegally in the United States for over two decades, is also accused of prolonging litigation at shareholder expense and making baseless accusations against the new independent directors. The board claims that Gad's legal actions, including objections to a shareholder's rights plan, have been self-serving, causing unnecessary costs to the company. The ongoing litigation stems from these accusations, with the board urging shareholders to rely on factual information presented in legal filings to understand Gad's alleged history of deceit and mismanagement. The board remains committed to transparency and accountability in the interest of protecting Paragon's shareholders.