Los Angeles, CA / ACCESSWIRE / August 13, 2014 / Ironridge Global IV, Ltd. has obtained a final order against ScripsAmerica, Inc. (OTCBB: SCRC), fully upholding the original stipulated settlement agreement of the parties.
In the case entitled Ironridge Global IV, Ltd. v. ScripsAmerica, Inc., Case No. BC524230, the Superior Court of the State of California for the County of Los Angeles ruled in favor of Ironridge Global, granted Irornidge's motion, and entered an Order Enforcing Prior Order for Approval of Stipulation for Approval of Stipulation for Settlement of Claims as requested by Ironridge.
In ruling for Ironridge Global, the Honorable Rolf M. Treu completely rejected all of the frivolous and factually unsupported claims that ScripsAmerica had asserted in a bad faith attempt to avoid liability for its violations of the parties' agreement. Ironridge will continue to fully live up to all of its obligations under the agreement.
Click here to view a copy of the judgment
About Ironridge Global
Ironridge Global IV, Ltd., a subsidiary of Ironridge Global Partners, LLC, is an institutional investor making direct equity investments in micro-cap public companies. Ironridge Global has completed over 60 transactions since 2011, ranging from under a quarter to $25 million each, for Nasdaq, NYSE MKT, OTCQB and Pink Sheets companies. For more information about Ironridge Global, please visit http://www.ironridgeglobal.com/.
Source: Ironridge Global IV, Ltd.