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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 |
PALM BEACH, Fla., Oct. 10, 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 Company has won a significant victory in its lawsuit against Merriellyn Kett Murphy, former CEO and sole shareholder of Airtronic USA ("Airtronic").
On October 9, 2014 (Case 9:14-cv-80190-DTKH Global Digital Solutions, Inc. v. Murphy), the United States District Court for the Southern District of Florida 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:
As a result of the Court's decision, GDSI's lawsuit against Kett individually will go to trial in Florida. A scheduling order is expected shortly setting the tentative trial date.
"This is a major victory for GDSI," said Richard J. Sullivan, GDSI's President and CEO. "The Court's decision ensures that GDSI's well-founded lawsuit against Kett will go to trial, and it will go to trial here in Florida. We're understandably very pleased with the Court's decision. We look forward to proceeding to trial and resolving these remaining legal issues related to the Airtronic merger as expeditiously as possible. We believe strongly that GDSI and our shareholders deserve our day in court and now we know that day is coming relatively soon."
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
SOURCE Global Digital Solutions, Inc.
Copyright 2014 PR Newswire
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