Seiden Law Wins Summary Judgment Against Wall Street Firm Cantor Fitzgerald in NY Appellate Division, First Department
The NY Appellate Division, First Department reversed the trial court's grant of summary judgment to Cantor Fitzgerald and awarded summary judgment to our client ObvioHealth, holding that Cantor Fitzgerald was not entitled to the $2 million fee it tried to charge for a capital raise ObvioHealth had procured on its own.
NY Appellate Division Grants Summary Judgment to Seiden Law in Dispute with Cantor Fitzgerald
On December 19, 2024, the NY Appellate Division, First Department reversed the trial court’s award of summary judgment to Cantor Fitzgerald, and awarded summary judgment to our client, health-tech start-up and clinical trial company ObvioHealth Pte Ltd, holding that Cantor Fitzgerald was not entitled to the $2 million fee it tried to charge ObvioHealth for a capital raise that ObvioHealth had procured on its own.