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BIU Has No Grounds for Protesting Intelsat Complaint Drop: CEO

BIU has no right to assert control over or to claim it represents Spectrum Five, SF founder David Wilson said in docket 20-399 this week. Financier BIU claimed Wilson fraudulently dropped SF's complaint against Intelsat (see 2306280034). Wilson said that,…

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as CEO and founder of SF, "the only person authorized to make these decisions was me." He denied any fraud or receiving compensation to drop the complaint. BIU counsel didn't comment Thursday.