UAE News Online
Main » 2017 » August » 11
Punitive damages hearing set for August 22nd following ruling that Edalat defrauded investors in Pharma Pak, Inc. and deliberately defamed Cahill BOSTON -Thursday, August 10th 2017 [ AETOS Wire ] (BUSINESS WIRE)-- Boston-based law firm Markham & Read today announced that in the case of Bruce Cahill et. al. versus Paul Pejman Edalat et. al. (U.S. Federal Court Docket: 8:16-cv-00686), a federal jury has determined that Edalat deliberately acted with oppression, fraud or malice toward Cahill, the former CEO by of Pharma Pak, Inc. who claimed Edalat had launched a smear campaign against him on social media over a year-long period. The jury issued an award of $600,000 in damages suffered by Cahill and ruled that Edalat is liable for punitive damages. A hearing will take place in U.S. District Court, Central District of California (Santa Ana division) on August 22nd to determine the extent of punitive damages. The jury also found that Edalat was liable for damages to Pharma Pak invest ... Read more »
Views: 248 | Added by: uaeonlinenews | Date: 08.11.2017 | Comments (0)

Company furthers investment in Latin America and expands Brazil footprint; Ribbon-cutting ceremony to include government authorities, clients, analysts and media LAS VEGAS & SÃO PAULO -Thursday, August 10th 2017 [ AETOS Wire ] (BUSINESS WIRE)-- Rimini Street, Inc., a global provider of enterprise software products and services, and the leading independent support provider for Oracle and SAP products, today announced the opening of its new Latin America headquarters in São Paulo, Brazil. This marks the Company’s next phase of growth in the region, which includes an increased focus on expanding enterprise support services and product offerings in Latin America due to strong demand for Rimini Street’s premium-level support. The Company’s new Latin America headquarters is located in the JK Iguatemi building on Av. Pres. Juscelino Kubitschek in São Paulo. “From the time we first entered the Brazil market years ago, our offerings have been met with high interest and enthusiasm because we ... Read more »
Views: 256 | Added by: uaeonlinenews | Date: 08.11.2017