I'm -very clearly- not an expert in legal affairs, but wouldn't presenting something as an obligation to buy (and therefore 25M in future income without considering savings in future wages) when it's in fact an option to buy that guarantees only 20% of that amount, fall into the category of defrauding shareholders?
I mean it's either that or extreme levels of incompetence/negligence in a millionaire deal by whoever is in charge. Which is what they would probably admit publicly if dragged into court.