As previously announced, on July 15, 2014, Terence Bernard Wise filed a
derivative suit on behalf of Forward Industries, Inc. (NASDAQ:FORD) in
the Supreme Court of the State of New York against Frank LaGrange
Johnson and affiliated members of Forward's Board of Directors for
breach of fiduciary and director duties and seeking a preliminary
injunction prohibiting Mr.
for Terence Bernard Wise Continues to Press Derivative Suit Against Forward Industries' Chairman Frank LaGrange Johnson and Other Directors Acting with him for Breach of Fiduciary and Director Duties investment picks