I have a client that rents software from a developer for a royalty per transaction on a atm machine. The client has been using the same compliance company (which the developer also owns) and recently the developer has become unethical, causing the client to switch to another compliance company. The developer is threatening to turn off their machines if they don’t use HIS compliance company but yet he continues to collect royalties and hold sensitive user data from my client. They’re trying to determine whether the developer can legally own the software AND the compliance company, which he dictates and gives unqualified regulatory advice; they do not have a dashboard to retrieve the data themselves, everything must go through the developer.
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