TLC denies rumours of CEO resignation:
This article was originally published in Clinica
Executive Summary
Laser surgery services company TLC has denied rumours that its president and CEO, Elias Vamvakas, has already, or intends to resign. Mr Vamvakas is also one the company's largest individual shareholders. The Bethesda, Maryland-based company issued the statement following speculation after recent increased trading in its shares. TLC believes a similar false rumour on the Internet concerning the CEO of one of its competitors may have fuelled the suggestion. No senior management members have resigned, or intend to, and the company is unable to explain the market activity in its shares.