Society Pass Inc. has been involved in a legal dispute with former employee Thomas O'Connor and CVO Advisors Pte. Ltd. over salary, expenses, and shares of the company’s stock. O'Connor sought damages for undelivered shares and unpaid compensation, while CVO claimed entitlement to $8 million in Series A Preferred Stock. The New York State Supreme Court found that O'Connor fraudulently induced the company into certain agreements, ordered the return of shares issued under those agreements, and dismissed his claims for salary and severance. The court also determined that O'Connor’s actions barred further equity vesting from August 2019 onward. However, the court upheld partial summary judgment awarding O'Connor approximately $6.6 million plus interest, and granted an additional $824,000 for equity vested before August 2019. The company is considering its options for appeal.

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