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Re: None

Thursday, 11/14/2013 8:50:59 AM

Thursday, November 14, 2013 8:50:59 AM

Post# of 235079
RE: PhoneFactor and First Midwest Bank Corp litigation...FIRST of ALL, SFOR is in the driver's seat now...the cases have not been dismissed and SFOR received favorable rulings yesterday. As for "full discovery," the link below discusses how "regulated" the process is (timing, oversight, etc). This is great news because if SFOR filed claims that weren't legitimate, SFOR would have been sent home packing. I'm not going to speculate how much SFOR could get from PhoneFactor and FMBC, but what is just as important is the case law...it will go in the law books in SFOR's favor and set the precedence for future licensing deals/other litigation. Again, see the link below on how the process works for discovery.

http://definitions.uslegal.com/d/discovery/