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BSIG, LLC v. LOG STORM SECURITY, INC. et al
Case Number:
2:18-cv-15660
Court:
Nature of Suit:
Judge:
Firms
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June 13, 2019
Cybersecurity Firm's Adviser Ducks Investor Fraud Suit
A principal adviser to a New Jersey-based cybersecurity firm has escaped a lawsuit alleging he and the company's CEO duped investors into providing $1.25 million in financing to the business, with a federal judge ruling the complaint failed to articulate the adviser's purported lies.
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November 05, 2018
Investors Accuse Cybersecurity Firm Of $1.2M Loan Default
Investors in a New Jersey-based cybersecurity firm hit the company with a suit alleging it defaulted on a $1.2 million loan and won't allow its backers to inspect its books in violation of a note purchase agreement giving investors a priority interest in the company's assets.