Sunday, August 26, 2007

LAWSUIT FILED AGAINST STREAMING FAITH: One of company's founders files wrongful termination suit.

Streaming Faith and its parent company, Multicast Media Technologies, faces a multi-million dollar lawsuit from one of its founders. Rodney Sampson, a founder and shareholder of the company, filed papers with the Superior Court of Fulton County, Georgia, against the Christian media giant for his wrongful and unlawful termination as CEO of Streaming Faith and the attempt of its key executives to void his ownership in the company.
 
      In an affidavit filed with the courts, Sampson alleges that he founded Streaming Faith in 2000 with Louis Schwartz, Rory Conaway, and Ronald Rice. The document reveals that each was an equal partner of the corporation, originally incorporated under the name Haywire Ventures, Inc., and that each held 2.9 million shares of stock in the company. Sampson maintains that he researched, developed and created the faith-based technology concept and model the company uses today, and that it was all his original ideas and intellectual properties. In his complaint, Sampson states that the company, which purports to be a Christian owned company, is in fact a non-Christian entity, managed and directed by non-Christian personnel who have discriminated against him (an African American) and other Christians during his tenure with the company.
 
      The affidavit further states that in 2002, Sampson confronted Schwartz and Rice about behind the scene negotiations with a company intending to market pornographic content via the internet to the adult entertainment industry utilizing the company's technology. Sampson says after that meeting, the pair began to aggressively pursue efforts to oust him, maliciously attacking his name, defaming his character and reputation, ultimately costing him other job offers and business opportunities. Sampson, who claims to be a founder of the organization, and its former Chief Operating Officer, is seeking an undisclosed amount of damages in addition to pursuing other civil remedies against Schwartz and Rice individually and another senior executive, Mr. Chance Mason.
 
      Streaming Faith is known to broadcast and distribute (via the internet) content by renowned Christian leaders.

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