Apparently, Ryan O’Keefe, CEO of Instahealty, a vending machine company in San Diego, is the target for a law suit, potentially class action. It is rumored to be a breach of contract – another case of marking up machines, agreeing to place them in strategic income-producing locations on behalf of investors within a certain period of time, then not performing. In some cases, he has agreed to refund the investors’ money, then defaulted. There appears to be at least agreement and contractual violations and misrepresentations, perhaps fraud.
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