Porn News

Bunimovitz Victory in Judge’s Ruling Against Private; Berth Milton Could Be Ousted as CEO

LAS VEGAS, Nev.— from – The District Court judge in Consipio v. Private Media ruled on a motion by Private that would have denied Consipio Holdings the right to vote its 5.6 million shares of Private common stock.

“Motion denied,” the judge said, in a Las Vegas courtroom, bringing the hearing to a quick conclusion.

The judge’s ruling shifts the balance of power among Private shareholders away from the current CEO Berth Milton and his supporters to a group of shareholders that includes current plaintiffs Consipio, Tisbury Services and former CEO Ilan Bunimovitz [pictured], and other shareholders—the aggregate of whose shares amount to a shade over 50 percent of outstanding Private common stock.

The ruling also signals an inevitable shake-up of Private’s Board of Directors, as well as the possible removal of Milton as CEO of the company.


Related Posts

Xgen Products Expands ‘Envy’ Collection With 6 New Releases

HORSHAM, Pa. — Xgen Products is now shipping six new releases from the Envy Toys collection of male-focused pleasure products. CEO Andy Green said, “We’re excited to add some new items to the Envy Toys collection. The original release was…

Leana Lovings Becomes Adult Time Brand Ambassador

AVN Award winner Leana Lovings has stepped into the role of the newest brand ambassador for streaming platform Adult Time. 

UK Performer, TV Personality Sophie Anderson Passes Away at 36

LONDON — U.K. performer, creator and TV personality Sophie Anderson has passed away at 36, industry friends and associates have confirmed. Anderson, a larger-than-life figure and inclusivity icon, parlayed her adult career into mainstream celebrity, co-starring with fellow U.K. performer Rebecca…

Sophi Summers Is Penthouse’s December Pet of the Month

Penthouse Magazine has announced that its December Pet of the Month for 2023 is Sophi Summers.

How to Boost Holiday Sales With Winter-Themed Sensual Products

In the world of pleasure, even the winter frost can ignite new desires. Help your customers uncover those desires, satisfy their curiosity and burn the candle of romance even brighter with winter-themed seasonal novelties and sensual products. Bring Winter Novelty…

Leave a Reply

Your email address will not be published.