Allied gaming & entertainment files counterclaim against mr. frank ng, a former ceo of the company

New york--(business wire)--allied gaming & entertainment, inc. (nasdaq: agae) (the “company” or “agae”), a global experiential entertainment company, announced today that on october 4, 2023, mr. frank ng, a former ceo of agae, initiated an arbitration against agae alleging breaches of certain employment contracts between mr. ng and agae. on november 21, 2023, agae responded to mr. ng's claims, categorically denying each allegation and asserted vigorous defenses against the same. after agae'.
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