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Chapter 1623 - Mo Xicheng Reinstated (96)
Chapter 1623 - Mo Xicheng Reinstated (96)
Chapter 1623: Mo Xicheng Reinstated (96)
Mo Hai froze upon hearing this and asked, “What do you mean? What right has he got to ask for shares? He is now an adult. Even if he wants to inherit some shares, he could have at least waited till I’m dead and have it sorted out with Mo Xicheng! He’s filing a lawsuit now? Why?”
The lawyer coughed softly and explained, “He is filing a suit against the Mo family because he used to work in the family business and even held shares in the business. Now he is filing a lawsuit against the family for kicking him out without giving him a single cent, in addition to illegally cheating him out of his shares. So now the court is gathering evidence.”
Mo Hai frowned and said, “What sort of evidence is there? He owed the company money, so he had to return his shares for collateral damages. Even if the court investigates and finds this, he won’t get the money, so what’s there to it?”
The lawyer nodded and agreed, “You’re right, but the problem is... what will the public opinion be?”
Mo Hai was stumped.
The lawyer continued, “Generally speaking, people support the disadvantaged party. When Mo Xicheng’s status was revealed, there were already people criticizing the family severely. They took Mo Zhi’s side and felt that he was the one suffering the most. If the matter blows up now, the pressure of the public opinion will damage the company’s reputation. So I do suggest that you settle it outside of court. Placate him with some money and everything will end up well.”
Mo Hai nodded and said, “Alright, I understand.”
After he hung up, Mo Hai dialed Mo Zhi’s number.
The phone rang twice before it was answered.
Mo Zhi said, “Hello? Dad, you’ve heard the news?”
Mo Hai replied with a gloomy face, “Mo Zhi, what is it that you want?”
Mo Zhi laughed icily and said, “If you’re not going to give me a satisfactory response about this, I’m afraid I can only leave things in the hands of our reporter friends to manage.”
“Shut your mouth!” Mo Hai shouted angrily. “Mo Zhi, you know in your heart who is right and who is wrong! You know it in your heart too why the estate cannot go to you! I’m warning you, don’t force me to expose the whole truth!”
“Dad, go ahead then. Tell people how you were a fool for giving me the company. Tell them what happened in the company back then, so that they realize how unreliable the Mo family enterprise is.”
Mo Hai fell silent.
The most important thing where a company was concerned was its reputation, especially the Mo family enterprise. They were in the hospitality business, so if they had a bad reputation, who would come to them?
Hence sometimes, it was necessary to spend some money to suppress negative press.
This was also part of the company’s investments.
Finally, Mo Hai asked, “What do you want? Name a price.”
“I want 30 percent of the Mo family’s shares!”
Mo Hai laughed icily and replied, “That is not possible.”
Mo Zhi said, “Back then I only had 20 percent and you had over 40 percent. What you’re giving me now is hardly enough! If you give it to me, I will sell the 30 percent of the shares to Mo Xicheng and that would only be a matter of a few hundred million. Dad, as the son you’ve protected for so many years, am I not worth a mere few hundred million?”