The Gold Coast Bulletin

SurfStitch board row

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A MAJOR shareholde­r of embattled online sports clothing retailer SurfStitch has called for an extraordin­ary general meeting to vote on the removal of chairman Sam Weiss.

Crown Financial, which has a more than five per cent stake in SurfStitch, has sent the company a notice of requisitio­n to hold the shareholde­r meeting.

Crown Financial, which has taken legal action against SurfStitch related to a fallout over a content sharing deal, wants Mr Weiss removed as a director of SurfStitch.

Crown, part of the Three Crown Investment­s group, was involved in a failed $55 million takeover bid for SurfStitch last year. The meeting must be held within two months.

SurfStitch shares remain suspended following a $100 million class action.

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