8. This Court has diversity jurisdiction because there is complete diversity between the parties and the amount in controversy exceeds $75,000.
9. JBI is a Nevada corporation, with its current principal place of business in Ontario, Canada. Up through July of 2010, and for a majority of the period relevant to this action, JBI’s principal place of business was in Cambridge Massachusetts. Now, as then, JBI also has operations in New York, Florida, Ohio and Pennsylvania. Each Individual Defendant has had substantial and continuous contacts with the Commonwealth of Massachusetts such that make the exercise of personal jurisdiction over them proper.
10. Venue is proper in this Court because at all relevant times, the Individual Defendants transacted business in the District of Massachusetts, which was also the principal place of business of JBI during a majority of the relevant period set out in this Complaint, and because a substantial portion of the acts constituting the alleged breaches of fiduciary duty and other claims occurred in the District of Massachusetts, including the Individual Defendants’ primary participation in the wrongful acts detailed herein, and aiding and abetting and conspiracy in violation of fiduciary duties owed to JBI occurred in this District. Furthermore, the Individual Defendants have received substantial compensation in this District by doing business here and engaging in numerous activities that had an effect in this District.
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