Legal Notice
On February 8, 2011, (Doc.
11CV877 US), CGM Applied Security Technologies, Inc., a New
Jersey Corporation and Applied Security Innovations, Inc., a
Delaware Corporation, filed suit in the Federal Court Southern
District of New York, seeking both injunctive and monetary
relief against Erik Hoffer, CGM Security Solutions, Inc., a
Florida Corporation dba Rig Secure, Inc. and Navatech Container
Security, LLC, a Florida Limited Liability Company, and Navatech
USA, LLC, a Florida Limited Liability Company and Elizer
Navarsky.
The Complaint alleges that Defendants, individually and
severally, conspired to wrongfully and materially interfere with
the business operations of the Plaintiffs by publishing false
statements to the customers and investors, concerning the
Plaintiffs' financial position. The Complaint further alleges
that Defendants, jointly or severally, competed in violation of
the Restrictive Covenant as part of the acquisition of Defendant
Hoffer's company. The Complaint further alleges that Defendants,
individually and severally, acted to divert commercial
transactions away from Plaintiffs causing Plaintiffs to
experience losses in sales and good will.
Filed simultaneously with the Complaint, is an application
(Order To Show Cause) for Injunctive Relief, seeking suspension
of Plaintiffs obligation to remit additional sums required as
part of the acquisition. The application is supported by the
Certification of Anthony Shupin, Plaintiffs' President, who
asserts that the wrongful acts of Defendants have had a
deleterious affect and seeks a Court Order authorizing the
suspension of payments until further Order from the Court. Mr.
Shupin's Certification states that all required past payments
have been satisfied.
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