Sep. 28, 2009 (PR Newswire) --
MIAMI, Sept. 28 /PRNewswire/ -- Karl W. Miller Files Complaint with the North Carolina State Bar to formally disbar George Rountree III, the lead independent director of MMC Energy, Inc., and expresses gratitude to market participants for their tremendous support.
Mr. Miller's Complaint to the North Carolina State Bar Association (http://www.ncbar.gov/public/) was filed on the basis of protecting the public, given DEFENDANT Rountree acts as a Director of public companies MMC Energy, Inc. and Southern Union Corporation and also actively solicits trust work in the State of North Carolina and is charged with serving the interest of numerous constituents as a currently licensed attorney at the firm Rountree, Losee and Baldwin in Wilmington, North Carolina.
While the details of the complaint are confidential, the complaint contains detailed facts and circumstances of alleged gross misconduct by DEFENDANT Rountree dating back to 2006 when DEFENDANT Rountree was appointed to the MMC Board of Directors during the timeframe when Mr. Miller was the Chairman and CEO of MMC to the current date.
The complaint contains detailed facts and circumstances of alleged allegations against DEFENDANT Rountree include but are not limited to fraud, gross misconduct, and breach of fiduciary duty, conflict of interest, and unfitness to serve as a licensed and practicing attorney in the State of North Carolina or any reciprocal jurisdictions.
The complaint requests a special investigative team with no contact or relations to DEFENDANT Rountree be put in place to investigate DEFENDANT Rountree, seeks to have DEFENDANT Rountree voluntarily forfeit his law license during the investigation and judicial period, to prohibit DEFENDANT Rountree from acting as Trustee or holding or administering third party assets, and that his Trustee and billing accounts be audited by the special investigative team dating back at least five years or more at their discretion.
Mr. Miller, a respected senior energy industry executive has been on medical disability since September 2008 and is currently recuperating from multiple life threatening colon operations, a massive pulmonary embolus and other medical complications.
Throughout his disability, being in tremendous pain and suffering and life threatening medical situations, Mr. Miller and his family have sustained a continuous onslaught of virulent attacks and harassment authorized and sanctioned DEFENDANT Rountree, current CEO Michael Hamilton, other defendants and their agents Kasowitz, Benson, Torres and Friedman, LLP, among other agents under their control using MMC Energy, Inc. shareholder funds, including false accusations of fraud and wrongdoing.
