November 08, 2017
Digital home phone service provider NetTalk.com Inc. has agreed to hand over more than $200,000 and the title to its Miami headquarters as part of a settlement ending a derivative suit brought by shareholder Telestrata LLC over allegations that NetTalk executives illegally seized control of the telecom, according to papers filed in Florida federal court on Tuesday.
August 20, 2015
A Florida federal judge on Wednesday blocked NetTALK.com Inc. executives, accused in a proposed shareholder derivative action of illegally seizing control of the Miami-based telecom, from exercising rights to 9.9 million contested shares, ruling that evidence indicates the shares were never legally granted to the executives.
August 14, 2015
NetTALK.com Inc. urged a Florida federal judge on Thursday not to issue an injunction that would block its executives from exercising rights to 9.9 million contested shares and further wresting control of the Miami-based telecom, arguing that it would cause NetTALK "grave harm," or even bankruptcy.
August 03, 2015
A putative class of shareholders argued Monday for a preliminary injunction blocking netTALK.com Inc. executives from exercising rights to 9.9 million contested shares and further wresting control of the Miami-based telecom.
July 07, 2015
A Florida federal judge on Tuesday blocked netTALK.com Inc. executives, accused in a shareholder class action of illegally wresting control of the Miami-based telecom, from issuing 700 million new shares of the company, ruling shareholders likely would regain control of the company from the executives.
November 06, 2014
A proposed shareholder class action filed Wednesday in Florida federal court is accusing executives of netTALK.com Inc. of illegally wresting control of the Miami-based telecom behind the backs of board members and shareholders, breaching several investment contracts.