> In 1999, investors from SFX Entertainment, along with co-founder G. Michael Harris and Arnie Geller, led a takeover and ousting of George Tulloch and the comp

> In 1999, investors from SFX Entertainment, along with co-founder G. Michael Harris and Arnie Geller, led a takeover and ousting of George Tulloch and the company's attorney.[23] Geller was installed as President and CEO of the company and Harris was installed as Chief Operating Officer as well as Secretary of RMS Titanic, Inc. They fired all other officers and directors and were the only two remaining directors.[24] John Joslyn was a small shareholder and took part in the takeover of the company in 1999.[25] Tulloch sued and was awarded $2.5 million in damages.[26] The abrupt takeover alarmed the governments of the U.K., France, Canada, and the U.S., especially when one of the insurgent investors was quoted as saying the new management was intent on cutting into Titanic's hull to recover more treasures and gain increased profits.