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Xtreme One Entertainment Awarded $880,000 in Restitution in Final Summary Judgment; Mediation Set to Determine Added Damages in Alleged Fraud Case

GlobeNewswire Inc.·
Xtreme One Entertainment Awarded $880,000 in Restitution in Final Summary Judgment; Mediation Set to Determine Added Damages in Alleged Fraud Case

Xtreme One Entertainment (XONI) won a summary judgment awarding $883,700 in restitution against Williamsburg Venture Holdings for alleged fraud involving forged documents and unauthorized stock sales. The court also granted a criminal contempt hearing against WVH's Ronald Glenn for perjury, scheduled for September 2026. Court-ordered mediation is set for August 2026 to determine additional damages related to the alleged fraudulent transfer of 6.6 million shares.

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