Nickel 28 and Fired CEO Reach Settlement to End Misconduct Claim

Nickel 28 Capital Corp.’s former chief executive officer agreed to relinquish nearly half the stock he owned in the company that accused him and other ousted executives of “serious misconduct.”

Anthony Milewski agreed to return about 4.97 million shares of Nickel 28 as part of a June 17 settlement with the firm that fired him in May, according to a Tuesday statement. Milewski, who helped found the Canadian nickel and cobalt producer, will own and control about 5.72 million shares — or a 6.4% stake — following the disposition. The settlement includes a full and final mutual release ...