TORONTO, ONTARIO — (Marketwired) — 05/02/16 — Peter Beck, founder and President of Orbixa Technologies Inc., today announced that a mediation date of July 12, 2016 has been set in Orbixa Technologies– $41.9 million lawsuit against JitneyTrade Inc., Oscar Ribeiro, Kamal Mansouri and Eidolon Systems Inc.If the parties cannot come to a mutually acceptable settlement through mediation, then Orbixa Technologies– action will proceed to trial.Contacts:
Orbixa Technologies Inc.
Peter Beck
416-351
TORONTO, ONTARIO — (Marketwire) — 02/25/13 — Peter Beck, founder and President of Orbixa Technologies Inc., today announced JitneyTrade Inc. has filed a statement of defense and a cross claim against its co-defendants.In its cross claim, JitneyTrade alleges that any breach of confidential information or breach of fiduciary duties were breaches by Ribeiro, Mansouri or Eidolon Systems. JitneyTrade claims against Eidolon Systems, Mansouri and Ribeiro for contribution and indemnity for any amou
TORONTO, ONTARIO — (Marketwire) — 01/24/13 — Peter Beck, founder and President of Orbixa Technologies Inc., today announced the commencement of legal proceedings in the Ontario Superior Court of Justice against JitneyTrade Inc., Oscar Ribeiro, Kamal Mansouri and Eidolon Systems Inc.In addition to seeking an injunction restraining the defendants from using Orbixa-s confidential information, Orbixa seeks $38,400,000 in damages for breach of duty of confidentiality, breach of fiduciary duty an