Terry, there's one directly against Zulu-tek in California for $200,000 by one former SIMer; and one in New York for $200 million against Softbank Holding and Ziff-Davis by four former SIMers, claiming SIM should not have been sold to Zulu-tek, that Zulu was not fit to take over SIM.
In both of those suits, I think we can safely assume the parties will be seeking to discredit Zulu-tek. This just happens to mirror the presence of many posters we've seen on this threads and others, seeking to discredit Zulu-tek.
From Advertising Age:
In other legal action, Mr. Colvin filed a suit against Softbank
Interactive Marketing and Zulu-tek seeking $200,000 for past
work performed. The suit, filed late last month in Los Angeles
Superior Court, seeks to freeze the bank accounts of both
Zulu-tek and SIM, said Kirsten Spira, partner with McNamara &
Spira, Santa Monica, Calif., attorney for Mr. Colvin.
From Advertising Age:
The $200 million suit was filed April 17 in New York Supreme
Court, New York, by Andrew Batkin, former chairman of SIM;
Lawrence Howorth, former exec VP-chief financial officer;
Edward West, former exec VP-business development; and
Robert Colvin, former senior VP-client acquisition. All are still
minority shareholders in SIM, but left the company following its
takeover by Zulu-tek. |
