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HULL v. GLOBAL DIGITAL SOLUTIONS, INC. et al
Case Number:
3:16-cv-05153
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
Judge:
Firms
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June 13, 2019
Security Tech Co. Inks $595K Deal To End Stock-Drop Suit
Security technology company Global Digital Solutions Inc. will shell out $595,000 to resolve claims that it artificially inflated its essentially worthless stock in what investors called an "extraordinary result" in New Jersey federal court Wednesday.
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September 14, 2018
Security Tech Co., Execs Can't Escape Investors' Suit
A New Jersey federal judge on Friday refused to release a Florida law enforcement technology company and its former executives from a securities class action accusing it of inflating essentially worthless stock, ruling that investors could have plausibly relied on alleged misrepresentations to make their purchases.