Pearl is suing Rapid to say that Rapid can't sue them for stacking!!
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  1. #1
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    Quote Originally Posted by isaacdstern View Post
    https://iapps.courts.state.ny.us/nyscef/ViewDocument?docIndex=7dAvnuZX3UnlLQA2gALrRQ==
    Any update on this? TIA

  2. #2
    Senior Member Reputation points: 52185 ADiamond's Avatar
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    Quote Originally Posted by Natan View Post
    Any update on this? TIA


    Looks like Pearl's counter suit in NY was dismissed and they were told to resolve their differences in the original complaint filed in Maryland, "SMALL BUSINESS FINANCIAL SOLUTIONS LLC v. PEARL BETA FUNDING LLC"

    Maryland doesn't supply the filed dockets on their website, but a brief description HERE

    It appears Pearl's motion to dismiss was denied in 2016 but as of last month the case is still ongoing and from what I gather it may be going to trial?

    Anyone with access to PACER may be able to get better details.
    Anthony Diamond
    Underwriter

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