3 unchanged sentences
harm our business.
−Removed: August 7, 2018, we commenced an action against North Empire LLC (“North Empire”) in the Supreme Court of the State of
−Removed: New York, County of New York for breach of a Securities Purchase Agreement (the “Agreement”) in which we are seeking
−Removed: damages in an amount to be determined at trial, but in no event less than $616,000.
−Removed: On August 2, 2018, North Empire filed a Summons
−Removed: with Notice against the Company, also in the same Court, in which they allege damages in an amount of $11.4 million arising from an
−Removed: alleged breach of the Agreement.
−Removed: On September 6, 2018 North Empire filed a Notice of Discontinuance of the action it had filed on
−Removed: August 2, 2018.
−Removed: On September 27, 2018, North Empire filed an answer and asserted counterclaims in the action commenced by us against
−Removed: them, alleging that we failed to deliver stock certificates to North Empire causing damage to North Empire in the amount of
−Removed: North Empire also filed a third-party complaint against our CEO and now former Chairman of the Board asserting similar
−Removed: claims against them in their individual capacities.
−Removed: On October 17, 2018, we filed a reply to North Empire’s counterclaims.
−Removed: November 15, 2018, our CEO and now former Chairman of the Board filed a motion to dismiss North Empire’s third-party
−Removed: On January 6, 2020, the Court granted the motion and dismissed the third-party complaint.
−Removed: Discovery has been completed
−Removed: and both parties have filed motions for summary judgment in connection with the claims and counterclaims.
−Removed: On December 30, 2021, the
−Removed: Court denied both My Size and North Empire’s motions for summary judgment, arguing there were factual issues to be determined
−Removed: On January 26, 2022, we filed a notice of appeal of the summary judgment decision.
−Removed: The Company filed its appellant brief
−Removed: on or about October 26, 2022.
−Removed: On February 3, 2022, we filed a motion to reargue the Court’s decision denying our motion for
−Removed: summary judgment.
−Removed: On or about March 31, 2022, North Empire filed its opposition papers to our motion to reargue.
−Removed: On or about May 20,
−Removed: 2022, we filed our reply papers, in further support of its motion to reargue.
−Removed: On or about September 12, 2022 the Court issued its
−Removed: decision and order denying our motion to reargue.
−Removed: North Empire is due to file its opposing brief on or about December 7,
+Added: August 7, 2018, we commenced an action against North Empire LLC, or North Empire, in the Supreme Court of the State of New York, County
+Added: of New York for breach of a Securities Purchase Agreement or Agreement in which we are seeking damages in an amount to be determined
+Added: at trial, but in no event less than $616,000.
+Added: On August 2, 2018, North Empire filed a Summons with Notice against us, also in the same
+Added: Court, in which they allege damages in an amount of $11.4 million arising from an alleged breach of the Agreement.
+Added: On September 6, 2018,
+Added: North Empire filed a Notice of Discontinuance of the action it had filed on August 2, 2018.
+Added: On September 27, 2018, North Empire filed
+Added: an answer and asserted counterclaims in the action commenced by us against them, alleging that we failed to deliver stock certificates
+Added: to North Empire causing damage to North Empire in the amount of $10,958,589.
+Added: North Empire also filed a third-party complaint against
+Added: our CEO and now former Chairman of the Board asserting similar claims against them in their individual capacities.
+Added: On October 17, 2018,
+Added: we filed a reply to North Empire’s counterclaims.
+Added: On November 15, 2018, our CEO and now former Chairman of the Board filed a motion
+Added: to dismiss North Empire’s third-party complaint.
+Added: On January 6, 2020, the Court granted the motion and dismissed the third-party
+Added: Discovery has been completed and both parties have filed motions for summary judgment in connection with the claims and counterclaims.
+Added: On December 30, 2021, the Court denied both My Size and North Empire’s motions for summary judgment, arguing there were factual
+Added: issues to be determined at trial.
+Added: On January 26, 2022, the Company filed a notice of appeal of the summary judgment decision.
+Added: 3, 2022, the Company filed a motion to reargue the Court’s decision denying the Company’s motion for summary judgment.
+Added: or about September 12, 2022, the Court issued its Decision and Order denying the Company’s motion to reargue.
+Added: North Empire filed
+Added: its opposing brief on December 7, 2022.
+Added: Both sides were given an opportunity to file a reply brief.
+Added: We filed our reply brief on January
+Added: 4, 2023 and North Empire filed its reply brief on January 13, 2023.
+Added: Oral argument was held before the Appellate Court on February 7,
+Added: On or about February 28, 2023, the Appellate Court filed its Decision and Order, which affirmed the lower court’s decisions
+Added: regarding both My Size and North Empire’s motions for summary judgment and sent the case back to the Supreme Court.
+Added: March 13, 2023, the Supreme Court referred the case to its Alternative Dispute Program and ordered the cases to mediate.
+Added: A date for the
+Added: mediation has not yet been set.
+Added: We intend to vigorously defend any claims made by North Empire.
+Added: We believe it is more likely than not
+Added: that the counterclaims will be denied.
Risk Factors.
4 unchanged sentences
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.