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Israel Based SuperCom Sued Wedbush Now Dr. Michaelson Deposition Deadline Is Nov 30

By Matthew Russell Lee, Patreon Maxwell Book
BBC - Guardian UK - Honduras - ESPN

SDNY COURTHOUSE, Oct 25 – Israeli corporation SuperCom LTD sued Wedbush Securities in a dispute over a Stock Purchase Agreement. 

  On February 8, U.S. District Court for the Southern District of New York Magistrate Judge Katharine H. Parker held a proceeding. Inner City Press covered it. 

  SuperCom makes radio frequency identification products used by governments and corporations around the world. Wedbush is a broker-dealer with over $2 billion under management. 

  The talk on February 8 was of a so-called "tripartite" settlement, perhaps. Judge Parker gave the parties until March 31 to file a status letter.

At that time, Sabby sought to move for summary judgment. But Judge Parker said that is not permitted in case that do not request a jury trial. A missed deadline was excused but a briefing schedule on alleged failure to comply with Rule 26 was set: motion due May 6, Reply to June 3. Midway through counsel said he had not realized last time the Press was on the line. It was, and remains.

And again on October 24, when Judge Parker ruled that the deadline to depose Dr. Michaelson is November 30, and for the parties to request a settlement conference with the Court is December 2.

The case is SuperCom Ltd. v. Sabby Volatility Warrant Master Fund Ltd. et al., 21-cv-2857 (Torres / Parker) 


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