Company: AGSS
Filing Date: 2025-07-15
Form Type: 8-K/A
Source: 0001104659-25-067832
Chunk: 3

Company: AMERIGUARD SECURITY SERVICES, INC.
Filing Date: 2025-07-15
Form: 8-K/A
Chunk 3
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and Mr. Honore, on their own behalf and purportedly on behalf of the Company, filed an Answer and Counterclaim against Mr. Garcia,
Mr. Cashen, Mr. Slatic, and the Company’s Controller, Michael Goossen (“Mr. Goossen”). The Counterclaim
alleges, among other things, that Mr. Garcia failed to disclose his arrest at an airport TSA checkpoint for carrying a firearm in
his backpack; failed to disclose the suspension of a security guard and patrol business license in North Carolina, and that Mr. Garcia
paid over $30,000 to a third-party without first obtaining the consent of Mr. Anderson and Mr. Honore as Compensation Committee
members. The Counterclaim seeks damages against Mr. Garcia for breaches of fiduciary duty, and against Mr. Garcia, Mr. Cashen,
Mr. Slatic, and Mr. Goossen for conversion, and against Mr. Garcia, Mr. Cashen, and Mr. Slatic for fraud. The
Counterclaim also seeks declaratory and injunctive relief to declare that Mr. Garcia’s actions following his termination as
Chief Executive Office were unlawful, that transfers of funds to the third-party were improper, that Mr. Cashen’s and Mr. Slatic’s
appointment to the Board was unlawful, that the purported removal of Mr. Anderson and Mr. Honore from the Board was unlawful,
and the removal of Mr. Anderson as President and Chief Executive Officer and restoration of Mr. Garcia as President and Chief
Executive Officer was unlawful. A copy of the Answer and Counterclaim is attached hereto as Exhibit 10.3.

On June 26, 2025,
the Company terminated Mr. Jason Bovell from the position of Chief Financial Officer for, among other reasons, failure to respond to
communications by the Company since June 18, 2025.

On June 26, 2025, Mr. Anderson
and Mr. Honore, on their own behalf and purportedly on behalf of the Company, filed an Application for Temporary Restraining Order
and Motion for Preliminary Injunction against Mr. Garcia, Mr. Cashen, Mr. Slatic, and Mr. Goossen prohibiting the
appointment of Mr. Cashen and Mr. Slatic to the Board of Directors, prohibiting the removal of Mr. Anderson and Mr. Honore
from the Board, prohibiting the reinstitution of Mr. Garcia as Chief Executive Officer, prohibiting Mr. Garcia, Mr.