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Van Roy et al v. Sakhr Software Co. (KSCC) et al
Case Number:
1:11-cv-00863
Court:
Nature of Suit:
Judge:
Firms
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August 11, 2015
Kuwait Co. On Hook For $17.8M After Botched Software Deal
A Delaware federal judge on Monday signed a $17.8 million judgment in favor of investors who claim Sakhr Software Co. breached a merger deal to assign them shares after they turned over their stock in translation software company Excuse Me Services Inc. to the Kuwait-based corporate defendant.
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July 09, 2014
Investor Suit Over $14M Sakhr Deal Loses Securities Claims
A Delaware judge on Tuesday trimmed a class action filed by former investors of software company Excuse Me Services who alleged they were stiffed after handing over their shares in a $14 million merger with Sakhr Software, dismissing securities fraud claims but not breach of contract allegations.
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September 26, 2011
Tech Co. Shareholders Sue Sakhr Software Over $14M Deal
Former investors in mobile application company Excuse Me Services Inc. claimed in a suit launched Friday in Delaware federal court that they were stiffed after handing over their shares in a $14 million merger with Kuwait's Sakhr Software Co. in 2009.