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U.S. District Court Green Lights DealMaker’s Trade Secrets Lawsuit Against Darren Marble, Issuance Inc., and Crush Capital Inc.

DealMaker Release | Jun 28, 2023

Darren Marbel response to DealMakers lawsuit - U.S. District Court Green Lights DealMaker's Trade Secrets Lawsuit Against Darren Marble, Issuance Inc., and Crush Capital Inc.

DealMaker's lawsuit against Darren Marble, Issuance Inc., and Crush Capital Inc. has been greenlit by the United States District Court for the Central District of California.

  • The court has denied the defendants' motion to dismiss the case, affirming that DealMaker's trade secrets claims are adequately stated in the complaint. This development underscores the importance of intellectual property rights and the potential legal consequences of their violation.

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  • Canadian company, DealMaker, a pioneer in the capital markets sector, alleges that the defendants accessed their platform under false pretenses and misappropriated their intellectual property and trade secrets. This case serves as a reminder of the critical role of ethical business practices in maintaining a competitive edge and the potential legal repercussions of their breach.
    • In addition to the ongoing lawsuit, DealMaker has also sought a preliminary injunction to prevent the defendants from making false statements about the company. This move highlights the importance of reputation management in the business world and the legal measures companies can take to protect their brand image.
    • DealMaker's innovative approach to capital raising, which includes equity crowdfunding, investor ranking algorithms, and data/analytical tools, has revolutionized the industry. The company's mission to simplify the process of raising capital into an eCommerce-like experience underscores the growing trend of digital transformation in the financial sector.

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  • The implications of this case extend beyond the involved parties. It emphasizes the importance of intellectual property protection in the era of digital business and could set a precedent for future cases involving trade secret misappropriation. For businesses, it serves as a reminder to ensure robust security measures and legal protections for their proprietary information.

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NCFA Jan 2018 resize - U.S. District Court Green Lights DealMaker's Trade Secrets Lawsuit Against Darren Marble, Issuance Inc., and Crush Capital Inc.The National Crowdfunding & Fintech Association (NCFA Canada) is a financial innovation ecosystem that provides education, market intelligence, industry stewardship, networking and funding opportunities and services to thousands of community members and works closely with industry, government, partners and affiliates to create a vibrant and innovative fintech and funding industry in Canada. Decentralized and distributed, NCFA is engaged with global stakeholders and helps incubate projects and investment in fintech, alternative finance, crowdfunding, peer-to-peer finance, payments, digital assets and tokens, blockchain, cryptocurrency, regtech, and insurtech sectors. Join Canada's Fintech & Funding Community today FREE! Or become a contributing member and get perks. For more information, please visit: www.ncfacanada.org

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