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GDSI Global Digital Solutions Inc (CE)

0.0001
0.00 (0.00%)
08 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Global Digital Solutions Inc (CE) USOTC:GDSI OTCMarkets Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.0001 0.00 01:00:00

Court Sets Trial Date For Global Digital Solutions' (GDSI) Lawsuit Against Merriellyn Kett Murphy, former CEO and Sole Shareh...

20/10/2014 1:30pm

PR Newswire (US)


Global Digital Solutions (CE) (USOTC:GDSI)
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PALM BEACH, Fla., Oct. 20, 2014 /PRNewswire/ -- Global Digital Solutions, Inc. (OTCQB: GDSI), a company that is positioning itself as a leader in providing cyber arms manufacturing and complementary security and technology solutions, today announced that the United States District Court for the Southern District of Florida has issued a scheduling order setting a trial date, along with discovery and mediation deadlines, for GDSI's lawsuit against Merriellyn Kett Murphy, former CEO and sole shareholder of Airtronic USA ("Airtronic").

"We're very pleased that the Court has moved so quickly to schedule the trial early next year, commencing April 6, 2015," said Richard J. Sullivan, GDSI's President and CEO.  "This order brings us that much closer to being able to present our well-founded case in court.  We look forward to vigorously presenting our case as the legal process moves forward."

The Court order was issued on October 15, 2014, just six days after the Court denied all of defendant Merriellyn Kett Murphy's motions to transfer the case to the United States District Court for the Northern District of Illinois and to dismiss GDSI's lawsuit against Kett individually alleging claims for:

  • Count 1:  Tortious interference with contract and advantageous business relationship (interference with the Airtronic/GDSI Merger Agreement);
  • Count 2:  Fraudulent inducement to contract (inducing GDSI to loan money based on false representations regarding Airtronic's intent to proceed with the merger);
  • Count 3:  Fraudulent concealment (failing to advise GDSI of her ongoing discussions with other prospective merger partners); and
  • Count 4:  Civil conspiracy.

About Global Digital Solutions, Inc.
Global Digital Solutions is positioning itself as a leader in providing cyber arms manufacturing and complementary security and technology solutions.  On June 18, 2014, GDSI announced the acquisition of North American Custom Specialty Vehicles, LLC (NACSV), a leading builder of mobile command/communications and specialty vehicles for emergency management, first responders, national security and law enforcement operations.  For more information about NACSV's suite of advanced vehicles, click here or visit http://www.gdsi.co/nacs_vehicles.html.  For more information about GDSI, visit http://www.gdsi.co.

Contact:

Richard J. Sullivan
561-515-6163
info@gdsi.co

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/court-sets-trial-date-for-global-digital-solutions-gdsi-lawsuit-against-merriellyn-kett-murphy-former-ceo-and-sole-shareholder-of-airtronic-usa-972299346.html

SOURCE Global Digital Solutions, Inc.

Copyright 2014 PR Newswire

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