All Litigation Against First Fidelity Capital Inc. by APTX Has Been Voluntarily Dismissed by APTX.LOS ANGELES--(BUSINESS WIRE)--Jan. 5, 1999--As a follow-up on the earlier spurious allegations made by the former director of Apparel Technologies Inc. (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). BB:APTX APTX Aprataxin APTX Advanced Process and Technology Experiment (US Air Force) ) Samuel S. Guzik regarding the investment banking firm First Fidelity Capital Inc. (FFC FFC Fleet Forces Command FFC Fédération Française de Cardiologie FFC Flexible Flat Cable FFC Financial and Fiscal Commission (South Africa) FFC Flat-Field Correction FFC Francis Ford Coppola (movie director) ), Barry Rothman Esq., the attorney representing both FFC and its president, Mads Ulrich, issued the following statement this morning: "I can hereby confirm that all and any litigation An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute. When a person begins a civil lawsuit, the person enters into a process called litigation. commenced against FFC by Apparel Technologies Inc. has been voluntarily dismissed by the firm of attorneys representing Samuel S. Guzik, Ms. Kathy Van Ness Van Ness may refer to: People
Rothman commented further: "The dismissal of all lawsuits against my client FFC, by APTX, confirms the fact that the spurious allegations made by APTX and the former director of APTX, Mr. Samuel S. Guzik, stating that FFC breached its obligations to APTX and violated Securities Laws were totally without merit, and were probably a groundless reaction to the lawsuits which were filed by my law firm earlier by FFC against both Samuel S. Guzik, Kathy Van Ness and APTX." Rothman further stated: "Although APTX has dismissed their lawsuit against FFC, we are continuing all our lawsuits against both Samuel S. Guzik and Kathy Van Ness in an effort to recover some of the substantial losses our client FFC has incurred in connection with their investment into APTX partially as a result of the misrepresentations made by both Kathy Van Ness and Samuel S. Guzik. "We have furthermore reported Samuel S. Guzik, who actually represented FFC as a client before becoming a director of APTX, to the State Bar of California for representing interests adverse to a former client." The Law Offices of Barry K. Rothman represents FFC. |
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