On June 27, 2023, the United States District Court for the Central District of California issued an Order confirming that DealMaker’s case against Darren Marble, Issuance Inc. and Crush Capital Inc. will proceed. The Court denied the Defendants’ motion to dismiss the lawsuit because DealMaker’s trade secrets claims are sufficiently pleaded in the complaint. DealMaker alleges that the Defendants gained access to DealMaker’s platform under false pretenses and subsequently misappropriated DealMaker’s intellectual property and trade secrets.
Last week, DealMaker also filed a motion for a preliminary injunction asking the Court to prevent the Defendants from making false statements about DealMaker.
DealMaker has revolutionized a multi-jurisdictional approach to raising capital across a wide variety of deal types, standardizing complex legal and compliance requirements across international jurisdictions - powered through innovative and patent-pending business intelligence systems.
DealMaker is on a mission to create the most sophisticated capital markets tools on the planet, empowering capital to flow faster. It offers a suite of primary issuance, shareholder management, and capital raising solutions that includes equity crowdfunding, investor ranking algorithms, and data/analytical tools to support all capital raise types and all securities. Its innovative technology was designed to enable organizations to own and control exempt market raises to get the money they need, faster. DealMaker works for their issuers: putting brands and founders back in control to run streamlined, successful capital raises. Its mission is to turn the process of raising capital into simple eCommerce. The company’s offices are located in Toronto, Austin, and Tampa. Visit DealMaker.tech for more information.
See story here: https://finance.yahoo.com/news/dealmaker-ip-claim-against-issuance-124000847.html