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Re: Ed the Trader post# 40926

Thursday, 06/19/2014 10:40:29 PM

Thursday, June 19, 2014 10:40:29 PM

Post# of 66266
I find this weird. You're just taking Basu's word for a lot of things:

2) Grewal stole intellectual property which belonged to PPJ Enterprise,

You know that how? Because Basu says so?

3) Grewal hired away critical employees away from PPJ Enterprise to start his own competing business in direct violation of his binding non-compete agreement,

He did? And how long did that non-compete agreement last? Grewal claims Basu defrauded him. Would that void a non-compete contract?

4) Grewal defamed PPJ Enterprise by informing all of PPJ's clients that PPJ would steal their money, and whether or not this was true (still putting aside the money issue), Grewal had no right to do this,

Why not? If you have a problem with someone you hire, you're not allowed to tell others about it? Goodbye Angie's List, I guess. Not to mention the Better Business Bureau.

5) Grewal used the fear, uncertainty and doubt (FUD) that he created in ALL of PPJ Enterprise's clients to steal most of them away for his own newly-formed business, or the FUD drove them away to use a different vendor.

Why give Grewal so much credit? What about Soloniuk? He was ripped off, said so, and a judge agreed with him. Rather vehemently. Basu's been involved in endless litigation, for the most part unsuccessfully. Seems there's a community of opinion.

The total restitution for damages that PPJ Enterprise is requesting in its lawsuit is over 26 million dollars. Even a fraction of that would be a huge deal for a corporation which currently has a market cap of only $894,100.

How much of that would go to PPJE, and how much to Basu, who's clearly stated that she assumed all of Healthcare's legal proceedings? It was, after all, Healthcare that Grewal signed a contract with, not PPJ Enterprise, PBS, or any other current entity.