TALK loses ANOTHER lawsuit. Again, by default. Looks like TALK didn't bother defending this one after January 2017, either, which is right about the time it seems TALK's management abandoned the company.
"ORDER: Accordingly (PLEASE SEE ORDER FOR FURTHER DETAILS), the Court grants plaintiff's motion for a default judgment against iTalk and awards plaintiff a judgment against iTalk in the amount of $119,720.1 (Aff. of Curt Kramer dated Nov. 22, 2016 ("Cramer Aff.") 13, ECF No. 8.) The Court notes that the proposed default judgment submitted by plaintiff indicates that plaintiff is not seeking prejudgment interest and has "waived" costs and attorney's fees. (Proposed Order and Judgment, ECF No. 8-2.) As such, the Court does not award any interest, costs, or fees against iTalk. The Clerk of Court is respectfully directed to enter a judgment in the amount of $119,720.00 against defendant iTalk. Additionally, a status conference is hereby scheduled on October 12, 2017 at 2:30 PM in Courtroom 920 of the Long Island Courthouse. All counsel must attend. Any requests for adjournment must be made via letter filed on ECF at least forty-eight (48) hours in advance of the scheduled conference and must indicate which parties consent to the adjournment. So Ordered by Judge Joan M. Azrack on 9/30/2017. (Ortiz, Grisel)"
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.