0001790157-19-000002.txt : 20191023 0001790157-19-000002.hdr.sgml : 20191023 20191023131130 ACCESSION NUMBER: 0001790157-19-000002 CONFORMED SUBMISSION TYPE: MA-I PUBLIC DOCUMENT COUNT: 1 NYTKO,JAMES,FRANCIS, FILED AS OF DATE: 20191023 DATE AS OF CHANGE: 20191023 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Local Government Solutions, LLC CENTRAL INDEX KEY: 0001790157 IRS NUMBER: 842731124 STATE OF INCORPORATION: NY FISCAL YEAR END: 0819 FILING VALUES: FORM TYPE: MA-I SEC ACT: 1934 Act SEC FILE NUMBER: 868-05559 FILM NUMBER: 191163351 BUSINESS ADDRESS: STREET 1: 66 GARRITY BLVD. CITY: BREWSTER STATE: NY ZIP: 10509 BUSINESS PHONE: 845-464-3625 MAIL ADDRESS: STREET 1: 66 GARRITY BLVD. CITY: BREWSTER STATE: NY ZIP: 10509 MA-I 1 primary_doc.xml MA-I 0001790157 XXXXXXXX James F. Nytko 845-464-3625 jnytko@govsol.org jnytko@govsol.org N N James Francis Nytko N 1 0001790157 Local Government Solutions, LLC 08-01-2019 N 10-03-2019 0001790157 LOCATED 08-01-2019 Jamie Francis Nytko 08-2019 Local Government Solutions, LLC Brewster NY 10509 Y N Managing Director 06-2019 07-2019 Sage Municipal Advisors, LLC Hopewell Junction NY 12533 Y N Managing Director 12-2009 06-2019 Capital Markets Advisors, LLC Hopewell Junction NY 12533 Y N Vice President 08-2009 12-2009 Grey House Publishing Amenia NY 12501 N N Major Accounts Manager N N N N N N N N N N N N N N N N N N N N N N N N N N N N N N N N N N Y N N N N N N N N N N N N N N N N 10-23-2019 James F. Nytko Managing Director Along with the other named defendants, I was previously employed by CMA. During June f 2019 I left CMA to form a new Municipal Advisory firm. At the time I was under the impression that I had not signed a non-compete agreement with my prior employer, Although I had not signed a formal non-compete agreement, it came to my attention that my executed offer letter references the signing of such an agreement at a later date. Additional information that I was unaware of came to my attention when CMA filed their initial paperwork with the courts. With the assistance of my legal counsel I determined it would be in my best interest to settle the matter with CMA. I have since settled with CMA and am now on good terms with my prior employer, CMA. 6H(1)(a) Municipal Advisory Firm Capital Markets Advisors, LLC Y Sage Municipal Advisors, LLC Beth A. Ferguson James F. Nytko Lynn Beal Judy Maurer Y Injunction Individuals were previous employees of Capital Markets Advisors, LLC ("CMA"). CMA sought an injunction so that previous clients of CMA could not be solicited by the named individuals. 07-15-2019 07-17-2019 Notice was served to legal counsel. I believe this is the accurate date. State Court Supreme Court of the State of New York, County of Nassau 609591/2019 100 Supreme Ct Dr Mineola NY 11501 609591/2019 Sage Municipal Advisors, LLC 867-02463 Debt - Government Breach of fiduciary responsibilities to CMA, misappropriation of CMA property, interference with CMA contractual relationships, attempt to benefit from revenue belonging to CMA, unfair competition with CMA. Settled To the best of my knowledge, I believe the case may still be active against the other named individuals. Nevertheless, with the assistance of legal counsel, I concluded that it was in my best interest to settle with the plaintiff and to provide the court with a truthful affidavit to confirm what I deemed to be factual in the their motion. I have settled with the plaintiff and we remain on good terms. 10-14-2019