litigation
confidence high
sentiment negative
materiality 0.80
Minim files motion for default judgment against Nasdaq in delisting dispute; TRO extended indefinitely
FiEE, Inc.
- State Court extended TRO blocking Nasdaq delisting until ruling on preliminary injunction.
- On Oct 7, 2024, Minim filed motion for default judgment, claiming Nasdaq failed to respond timely.
- Hearing on default judgment motion set for December 19, 2024.
- Case was removed to federal court by Nasdaq in August, then remanded back to state court.
- Nasdaq deadline to respond was Oct 2, 2024; company asserts default.