Case Page

 

Case Status:    DISMISSED    
On or around 09/21/2016 (Date of order of final judgment)

Filing Date: June 23, 2015

According to the law firm press release, the lawsuit alleges Defendants during the Class Period made false and/or misleading statements and/or failed to disclose that: (1) the Company does not have an advanced cyber security product offering, and (2) a substantial portion of the Company’s Cyber Solutions business consists of a one-time low margin hardware installation. When the true details entered the market, the lawsuit claims that investors suffered damages.

On September 29, 2015, this case was transferred to the District of Colorado.

Plaintiffs filed an amended complaint on January 4, 2016.

On September 21, 2016, the Court issued an Order granting Defendants' Motion to Dismiss. This case was closed.

COMPANY INFORMATION:

Sector: Technology
Industry: Software & Programming
Headquarters: United States

SECURITIES INFORMATION:

Ticker Symbol: RTNB
Company Market: OTC-BB
Market Status: Public (Listed)

About the Company & Securities Data


"Company" information provides the industry and sector classification and headquarters state for the primary company-defendant in the litigation. In general, "Securities" information provides the ticker symbol, market, and market status for the underlying securities at issue in the litigation.

In most cases, the primary company-defendant actually issued the securities that are the subject of the litigation, and the securities information and company information relate to the same entity. In a small subset of cases, however, the primary company-defendant is not the issuer (for example, cases against third party brokers/dealers), and the securities information and company information do not relate to the same entity.
COURT: D. Colorado
DOCKET #: 15-CV-04750
JUDGE: Hon. Stephen V. Wilson
DATE FILED: 06/23/2015
CLASS PERIOD START: 12/01/2014
CLASS PERIOD END: 06/15/2015
PLAINTIFF FIRMS NAMED IN COMPLAINT:
  1. The Rosen Law Firm, P.A. (New Los Angeles)
    355 South Grand Ave, Suite 2450, The Rosen Law Firm, P.A. (New Los Angeles), CA 90071
    (213) 785-2610 (213) 226-4684 ·
No Document Title Filing Date
COURT: D. Colorado
DOCKET #: 15-CV-02152
JUDGE: Hon. Stephen V. Wilson
DATE FILED: 01/04/2016
CLASS PERIOD START: 10/17/2014
CLASS PERIOD END: 06/15/2015
PLAINTIFF FIRMS NAMED IN COMPLAINT:
  1. Levi & Korsinsky LLP (DC)
    1101 30th Street, NW; Suite 115, Levi & Korsinsky LLP (DC), DC 20007
    ·
  2. The Shuman Law Firm (former Denver)
    885 Arapahoe Avenue, The Shuman Law Firm (former Denver), CO 80302
    303.861.3003 303.861.3003 ·
No Document Title Filing Date