Davis alleges the founders conspired to give themselves illicit distributions through a tax fraud scheme and that the founders also formed various competing companies with Xango assets. He is also claiming that the founders took steps to freeze him out of the company — ignoring Davis’ objections to wrongful conduct, falsifying board minutes to reflect unanimous consent to actions to which he had voiced objections, Xango employees were told not to talk to Davis under penalty of termination, that founders also falsely claimed to Xango employees that he had resigned his position at Xango and disparaged him. As a result, Davis said Xango withheld bonus/distribution payments to Davis as well as discontinuing employee benefits.