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Innovation Pharmaceuticals IPIX
Posted On: 02/12/2016 9:54:44 AM
Post# of 72447
Posted By: thefamilyman
I disagree about dismissing because of the venue. If the judge dismisses it because of venue then Rosen can refile in another jurisdiction. But if the judge rules that the Second Amended Complaint fails to state a claim for which relief can be granted, it's over.

F1ash is apparently having phone problems again since it won't let me reply to his post.
Quote:
"In addition to general jurisdiction, you must also show that the court you selected has personal jurisdiction over the respondent in your case. Even if you live in California and a lawsuit would be more convenient for you file in California, if you cannot show that the responding party has substantial contacts with California, you may have to go elsewhere to file your lawsuit. The test for establishing personal jurisdiction is very fact-based, depending on the parties and the controversy. The more factors you can demonstrate that connect a defendant to a particular jurisdiction, the more success you're likely to have with petition to challenge the jurisdiction."

My ideal scenario is the case gets thrown out on the Venue issue, and then Sullivan initiates a counter-suit immediately so Rosen has to start focusing on a defense rather than looking for another venue.
I sure wish Seeking Alpha could be forced to reveal Mako's identity. Maybe an SEC investigation of Seeking Alpha could make them give up the goods. SA's refusal to remove that article, once proven false and malicious, certainly seems to point to foul play! - F1ash














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