NeoMedia Technologies, Inc (NEOM)

[streetstylz]

Case Update in Derivative Suit Against YA Global


Opposition to Motion to Dismiss (July 30, 2010)
http://www.mediafire.com/?2cxtrv9aetjas1w


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YA Global Motion to Dismiss (June 30, 2010)
http://www.mediafire.com/?s3mvi3w04tdbk22


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NEOM Case Entry (June 28, 2010)
http://www.mediafire.com/?vehhvq3vmhge2ev


Plaintiff William Klawonn and Defendant NeoMedia Technologies upon notice to Defendant YA Global submit the following stipulation and consent order:


* NeoMedia has no liability in the case.

* NeoMedia remains a nominal party.

* NeoMedia is not required to participate in the litigation.

* NeoMedia will be subject to all discovery rights.

* NeoMedia will not be excluded from any possible action in the future.


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Derivative Suit Filed Against Yorkville Advisors (April 30, 2010)

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=49630369
http://streetstylz.blogspot.com/2010/05/derivative-suit-filed-against-yorkville.html


NeoMedia majority debt holder sued for unlawful short-swing trading (May 6, 2010)

http://www.mobilemarketer.com/cms/news/legal-privacy/6177.html
http://www.mobilemarketer.com/cms/lib/8074.pdf


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http://www.smh.com.au/business/clough-biding-time-with-targeted-twinza-20100614-ya81.html

"Now YA Global's involvement in another deal has been highlighted. A shareholder in the US technology firm NeoMedia recently launched legal action against YA Global for allegedly engaging in a 'manipulative scheme' over an original $10 million convertible note facility provided in 2002. It is claimed YA Global failed to make proper disclosures and that it engaged in 'short-swing trading' of the stock before converting its debt into shares.

YA Global has fared quite well from its 'investment' in NeoMedia, having purchased over $50 million in NeoMedia securities and made untold millions in profits, said the investor, William Klawoon, in a filing to a New Jersey court last month."