5 unchanged sentences
prior service with the Company or arising under any employment agreement.
−Removed: Further, the Company asserts that Mr.
−Removed: Seifert engaged in misconduct
−Removed: during his tenure as the Company’s CFO.
−Removed: Seifert’s employment as Chief Financial Officer has resulted in two lawsuits.
−Removed: Company initiated litigation against Mr.
−Removed: Seifert on June 28, 2021 in the Eleventh Judicial Circuit Court in and for Miami-Dade County.
−Removed: The parties to the suit are Orbsat Corp.
−Removed: and Thomas Seifert.
−Removed: The matter was designated Case No.:
−Removed: 2021-15243 CA 01.
−Removed: The Company’s
−Removed: case against Mr.
−Removed: Seifert is now pending in the United States District Court for the Southern District of Florida, which matter is designated
−Removed: 1:21-cv-22436-DPG.
−Removed: The Company seeks damages under several legal theories, including breach of fiduciary duty, breach of an
−Removed: employment agreement, fraud in the inducement, fraudulent misrepresentation, and constructive fraud.
−Removed: The Company does not expect
−Removed: to obtain substantial monetary relief in its litigation against Mr.
−Removed: July 2, 2021, Mr.
−Removed: Seifert filed suit against the Company in the United States District Court for the Southern District of Florida.
−Removed: parties to the suit are Thomas Seifert, Orbsat Corp.
−Removed: and Charles Fernandez, Orbsat’s Chairman and Chief Executive Officer.
−Removed: The matter is designated Case No.:
−Removed: 1:21-cv-22410-MGC.
−Removed: Seifert seeks damages under several legal theories, including breach of an
−Removed: employment agreement, retaliatory discharge, libel per se, and negligent misrepresentation.
−Removed: The Company believes it has adequate defenses
−Removed: to defeat Mr.
−Removed: Seifert’s claims.
+Added: The Company and Mr.
+Added: Seifert are currently engaged in litigation
+Added: over the matter of his employment and termination.
+Added: The Company believes it has adequate defenses to Mr.
+Added: Seifert’s claims and has
+Added: advanced claims against Mr.
+Added: Seifert including, but not limited to, breach of the employment agreement, breach of the fiduciary, fraud
+Added: in the inducement in connection with the employment agreement, fraudulent misrepresentation, and constructive fraud.
+Added: The Company does
+Added: not expect to seek substantial monetary relief in the litigation.
+Added: time to time, the Company may become involved in litigation relating to claims arising out of our operations in the normal course of
+Added: The Company is not currently involved in any pending legal proceeding or litigation, and to the best of our knowledge, no governmental
+Added: authority is contemplating any proceeding to which the Company is a party or to which any of the Company’s properties is subject,
+Added: which would reasonably be likely to have a material adverse effect on the Company’s business, financial condition and operating
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.