Brian Lovig News Release Content

Rhea-AI Summary

Brian Lovig, a major shareholder of Arvana Inc. (AVNI), has responded to a civil lawsuit filed in Nevada involving Bondock LLC and several sellers. The lawsuit, which is in its early stages, centers around an agreement related to Arvana Inc. Lovig strongly denies all allegations, characterizing them as exaggerated, factually inaccurate, misleading, and defamatory. Bondock LLC maintains that all business dealings were conducted transparently and legally, expressing confidence that the claims will be proven meritless once evidence is reviewed. Lovig, who has criticized the plaintiff's decision to litigate through media rather than judicial process, intends to vigorously defend his reputation and family interests.

Positive

• None.

Negative

• Company faces civil lawsuit in Nevada regarding business agreement
• Legal proceedings could result in potential reputational damage
• Litigation may lead to increased legal expenses and management distraction

LAS VEGAS, NEVADA / ACCESS Newswire / May 27, 2025 / Recently, a media publication was issued regarding a civil lawsuit in Nevada, U.S. The lawsuit is for an agreement between Bondock LLC, the Buyer and several Sellers with regard to Arvana Inc. The lawsuit, which is in its early procedural stages, is based on allegations that are categorically denied.

"There is an old saying that says "sue everyone" and this certainly applies here as somehow I was sued along with family members. I am just a large shareholder in both the private and public company that is at the center of the dispute. That the Plaintiff highlighted "investor alert" in their media release is ridiculous.", says Brian Lovig.

The claims made against all Defendants in the complaint are not only exaggerated but are also factually inaccurate, misleading and defamatory. The business dealings referenced in the lawsuit were conducted transparently and in accordance with applicable legal standards. Bondock looks forward to presenting the full facts in the appropriate legal forum and is confident that once the evidence is reviewed, the claims will be shown to be meritless.

It is disappointing that certain parties have chosen to litigate this matter through the media, rather than through the judicial process. This matter is between Bondock and Plaintiff and other named parties will be dismissed from the action. Brian Lovig has built a respected reputation through decades of business, civic and public commentary, and he will vigorously defend both his integrity and the interests of his family and businesses.

About Arvana Inc.

Arvana is not a party to this lawsuit.

Arvana (OTC: AVNI) is a public company registered under the Securities & Exchange Act of 1934, as amended, that is quoted on the OTC Pink Sheets Current Information Alternative Reporting platform. www.OTCmarkets.com

About Bondock LLC

Bondock is a private company that invests in capital market corporations.

Contact

As this matter is before the courts, we will not be providing further comment at this time.

admin@bondock.com

SOURCE: Arvana, Inc.

View the original press release on ACCESS Newswire

FAQ

What is the civil lawsuit against AVNI and Brian Lovig about?

The lawsuit involves an agreement between Bondock LLC (Buyer) and several sellers regarding Arvana Inc. Specific details of the allegations are not disclosed, but the company states the claims are denied and will be proven meritless.

How has Brian Lovig responded to the AVNI lawsuit allegations?

Brian Lovig categorically denies all allegations, stating they are exaggerated, factually inaccurate, misleading, and defamatory. He maintains that all business dealings were conducted transparently and legally.

What is Brian Lovig's role in Arvana Inc. (AVNI)?

Brian Lovig is described as a major shareholder in both the private and public company (Arvana Inc.) that is at the center of the dispute.

What stage is the AVNI lawsuit currently in?

The lawsuit is in its early procedural stages in Nevada, with the company stating that certain parties named in the suit are expected to be dismissed from the action.

How does the lawsuit affect Arvana Inc. (AVNI) shareholders?

While specific impacts are not detailed in the release, the lawsuit could potentially affect shareholders through legal expenses, management distraction, and possible reputational impacts on the company.