Arbitrator awards aamc $1.6 million in arbitration brought by its former ceo

Christiansted, u.s. virgin islands--( business wire )--altisource asset management corporation (“aamc” or the “company”) (nyse: aamc) announced that the arbitrator awarded the company more than $1.6 million in the arbitration brought against the company by indroneel chatterjee, the company's former chief executive officer. mr. chatterjee filed the arbitration after the company terminated him for cause in april 2021.
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