Gannaway Suing WorldNow Buyer For $15M

In his complaint, Gary Gannaway says he was misled by Frankly Inc. and its principals when he agreed to take some of its stock as partial payment for WorldNow when he sold the digital platform company to Frankly in 2015 for $26 million. In response, Frankly says Gannaway’s “mess of allegations” have no merit and asks the court to dismiss the complaint on legal and substantive grounds. Contrary to Gannaway’s central claim, it says, there was never a “developed plan” to integrate WorldNow and Frankly tech.