Dan D'Agostino removed from Krell

a.wayne · 28th December 2009, 06:59 PM

Krell founders Dan and Rondi D'Agostino have filed a lawsuit here against private-equity fund KP Capital Partners and current KP-allied Krell executives to regain their management roles at the high-end audio company they founded in 1980.

In their lawsuit, the founders contend they were locked out of the company's Orange, Conn., offices about three months ago in violation of their employment agreements after trying to assert their right to fire a KP-backed executive. They also contend that KP used “fraudulent, overreaching and unconscionable tactics” in “a scheme to usurp the assets of old Krell [owned 100 percent by the D'Agostinos] at a discount, and exert complete control of new Krell, despite only purchasing a minority ownership interest.”

Full Story :
Krell Founders Sue To Make Return - 2009-12-07 07:00:00 | TWICE

Zero Cool · 28th December 2009, 07:02 PM

Go D'Agostino's go!

a.wayne · 28th December 2009, 07:07 PM

Looks like Ling Kwok,

wants to put up a fight ......

tiefbassuebertr · 07:35 PM

are there any news concerning the currently situation?
Perhaps now it is more easy to get schematics from the legacy Krell audio components.

in this case I have found this URLs:
http://www.hometheatershack.com/foru...amily-out.html
http://www.whatsbestforum.com/showth...uture-of-Krell
http://hometheaterreview.com/what-ha...family-is-out/
Dan d'Agostino MOMENTUM: Sonic Character like pure ClassA/SE despite low Idle Power ?
Dan D Agostino Interview..... Papa is one of the best !!!

Zero Cool · 9th November 2011, 09:50 PM

WOW very cool video! Thank you for posting it!

28th December 2009, 06:59 PM	#1
a.wayne diyAudio Member Join Date: May 2008 Location: Front Row Center	Dan D'Agostino removed from Krell Krell founders Dan and Rondi D'Agostino have filed a lawsuit here against private-equity fund KP Capital Partners and current KP-allied Krell executives to regain their management roles at the high-end audio company they founded in 1980. In their lawsuit, the founders contend they were locked out of the company's Orange, Conn., offices about three months ago in violation of their employment agreements after trying to assert their right to fire a KP-backed executive. They also contend that KP used “fraudulent, overreaching and unconscionable tactics” in “a scheme to usurp the assets of old Krell [owned 100 percent by the D'Agostinos] at a discount, and exert complete control of new Krell, despite only purchasing a minority ownership interest.” Full Story : Krell Founders Sue To Make Return - 2009-12-07 07:00:00 \| TWICE

9th November 2011, 07:22 PM	#4
tiefbassuebertr diyAudio Member Join Date: Jul 2005 Location: D-55629 Schwarzerden	are there any news concerning the currently situation? Perhaps now it is more easy to get schematics from the legacy Krell audio components. in this case I have found this URLs: http://www.hometheatershack.com/foru...amily-out.html http://www.whatsbestforum.com/showth...uture-of-Krell http://hometheaterreview.com/what-ha...family-is-out/ Dan d'Agostino MOMENTUM: Sonic Character like pure ClassA/SE despite low Idle Power ? Dan D Agostino Interview..... Papa is one of the best !!! Last edited by tiefbassuebertr; 9th November 2011 at 07:35 PM.

9th November 2011, 09:50 PM	#5
Zero Cool Audio Junkie diyAudio Member Join Date: Sep 2004 Location: MN	WOW very cool video! Thank you for posting it! __________________ It's not about what you can BUY...It's about what you can BUILD!

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28th December 2009, 07:02 PM	#2
Zero Cool Audio Junkie diyAudio Member Join Date: Sep 2004 Location: MN	Go D'Agostino's go!

28th December 2009, 07:07 PM	#3
a.wayne diyAudio Member Join Date: May 2008 Location: Front Row Center	Looks like Ling Kwok, wants to put up a fight ......

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