Wednesday, November 12, 2014 10:16:58 PM
LOS ANGELES, May 2, 2013 /PRNewswire/ -- This past Monday April 29th, a Santa Monica jury returned a unanimous verdict in favor of United Medical Devices and against Playsafe, LLC. United Medical Devices had retained Playsafe as a distributor for brand condoms in various territories around the world, including among others the Middle East, Eastern Europe, Russia, the Ukraine, Australia, and New Zealand.
After an unproductive year, during which Playsafe achieved no sales to a single consumer, United Medical Devices terminated Playsafe's contract. Playsafe sued for breach of contract and fraud, seeking $10.5 million in damages. United Medical Devices also sued Playsafe, seeking $700,000 due under the contract.
Following a two-week trial, the jury found 12 to 0 against Playsafe on all its claims and awarded United Medical Devices the full $700,000 sought on its claim. United Medical Devices' principal Jimmy Esebag expressed his gratitude for the verdict: "Justice prevailed. The jury clearly saw through the story concocted by Playsafe's principals Iehab Hawatmeh and Fadi Nora. For this we are grateful."
Iehab Hawatmeh serves as the Chairman, President & CEO and Fadi Nora is a board member of CirTran Corporation.
United Medical Devices will seek its attorneys' fees, which should push the judgment to over $1 million.
MONEYMADE Talent on loan from God!
Veni, Vidi, Vici
http://investorshub.advfn.com/boards/board.aspx?board_id=15029
http://investorshub.advfn.com/boards/board.aspx?board_id=293
Recent CIRX News
- Form NT 10-Q - Notification of inability to timely file Form 10-Q or 10-QSB • Edgar (US Regulatory) • 08/14/2024 09:11:02 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 05/15/2024 07:37:57 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 11/20/2023 09:12:01 PM
- Form NT 10-Q - Notification of inability to timely file Form 10-Q or 10-QSB • Edgar (US Regulatory) • 11/14/2023 06:47:40 PM
North Bay Resources Commences Operations at Bishop Gold Mill, Inyo County, California; Engages Sabean Group Management Consulting • NBRI • Sep 25, 2024 9:15 AM
CEO David B. Dorwart Anticipates a Bright Future at Good Gaming Inc. Through His Most Recent Shareholder Update • GMER • Sep 25, 2024 8:30 AM
Cannabix Technologies and Omega Laboratories Inc. Advance Marijuana Breathalyzer Technology - Dr. Bruce Goldberger to Present at Society of Forensic Toxicologists Conference • BLOZF • Sep 24, 2024 8:50 AM
Integrated Ventures, Inc Announces Strategic Partnership For GLP-1 (Semaglutide) Procurement Through MedWell USA, LLC. • INTV • Sep 24, 2024 8:45 AM
Avant Technologies Accelerates Creation of AI-Powered Platform to Revolutionize Patient Care • AVAI • Sep 24, 2024 8:00 AM
VHAI - Vocodia Partners with Leading Political Super PACs to Revolutionize Fundraising Efforts • VHAI • Sep 19, 2024 11:48 AM