Defendant Name:
Ability Inc.
Defendant Type:
Public Company
Document Reference:
court_doc37_19-cv-05705
Document Details
Legal Case Name
SEC v. Anatoly Hurgin, Alexander Aurovsky, Ability Computer & Software Industries Ltd, and Ability Inc.
Document Name
Judgment as to Defendant Ability Inc.
Document Date
10-Dec-2019
Document Format
Civil Proceeding
Case Number
19-cv-05705
Federal District Court
New York, Southern District of New York
Federal District Judge
Andrew L. Carter, Jr.
Allegation Type
Issuer Reporting and Disclosure
Document Summary
On December 10, 2019, the Court entered a final judgement as to defendant Ability Inc. The Court stated that Defendant "consented to the Court's jurisdiction over Defendant . . .; consented to the entry of this Judgement without admitting or denying the allegations of the Complaint . . .; waived findings of fact and conclusions of law; and waived any right to appeal from this Judgment".
Disgorgement & Penalty Information
Resolutions
Enjoinment
Defendant precluded from accepting delivery of put option or releasing cash held in escrow account
Monetary Penalties:
Disgorgement
(Penalty was noted in document, but no amount was listed)
Civil Penalty
(Penalty was noted in document, but no amount was listed)
Pre-Judgment Interest
(Penalty was noted in document, but no amount was listed)
Other Defendants in Action: