LEGAL PROCEEDINGS

12 Months Ended

Dec. 31, 2018

Legal Proceedings

LEGAL PROCEEDINGS

NOTE 13 LEGAL PROCEEDINGS

With the exception of the matters set forth below, all of the legal proceedings for the year ended December 31, 2018 are disclosed in our annual report on Form 10-K filed on January 29, 2019.

On May 15, 2018, the Company was awarded $269,750 during the final settlement of litigation in connection with overpaid fees owed to the Company. 

In a related matter to the Katzman litigation, on January 10, 2017, the Company brought an action against Melanie Damian et al. Case number 17-CA-00252, Thirteenth Judicial Circuit Court, Hillsborough County, FL. The Company alleges abuse of process based upon wrongful collection practices including wrongful garnishment of bank accounts. The matter has been dismissed by mutual consent.

In an action entitled Pharmacy Value Management Services Inc. v. Hartman et al, Case No. 8:17-cv-132-T-35TBM (M.D. Fla.) – a settlement pursuant to the mediation in the matter was reached and executed on March 18, 2018. Pursuant to the settlement Defendants paid the sum of $70,000.

During January 2019, the Company settled a legal dispute with Rotech Healthcare, Inc. The total settlement was for $146,671 to be paid to Rotech during 2019, which is included in accounts payable as of December 31, 2018. The Company intends to either negotiate and/or move to the court to reopen the settlement based upon, among other things, mutual mistakes. The Company has, to date, abided by the settlement.

As referred to in Note 3, $309,892 of these awarded settlements are still outstanding as of December 31, 2018.