GEM Announces $27 Million Lawsuit Against Ridgeline Energy Services, Inc. and Changing World Technologies, L.P.

NEW YORK, May 1, 2013 /CNW/ - Global Emerging Markets NA, Inc. announced that on April 29, 2013 one of its affiliates, GEM Holdco, LLC ("GEM"), amended its complaint in a lawsuit against Changing World Technologies, L.P. ("CWT") to include Ridgeline Energy Services, Inc. ("Ridgeline") (TSXV: RLE CN) and its CEO, Dennis Danzik, as defendants with respect to certain claims including, variously, Tortious Interference with Contract, Breach of Agreement, and Conspiracy to Commit Torts.

GEM's claims against CWT, now amended to also include Jean Noelting as defendant, variously include Breach of Agreements, Breach of the Implied Covenant of Good Faith and Fair Dealing, Tortious Interference with Business Relations, Conspiracy to Commit Torts, and Tortious Interference with Contract.

GEM claims damages in excess of $27 million.

The Amended Complaint can be seen at https://iapps.courts.state.ny.us/fbem/DocumentDisplayServlet?documentId=JzVaxwxPRhJwl/aPAT2qDA==&system=prod

SOURCE: Global Emerging Markets NA, Inc.

For further information:

Edward Tobin, Global Emerging Markets NA, Inc., (212) 582-3400

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Global Emerging Markets NA, Inc.

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