ACCESS Newswire
16 Mar 2023, 21:25 GMT+10
Manhattan Beach, California Boutique Securities Litigation Firm, Baldwin Mader Law Group, won a $6.1 Million Arbitration Award against EV Start-up, Fisker, Inc. on behalf of its client, Dr. Fabio Albano.
MANHATTAN BEACH, CA / ACCESSWIRE / March 16, 2023 / Dr. Albano is renowned in the field of solid-state batteries, and was among the first employees hired at Fisker, Inc., an electric vehicle ('EV') start-up based in Manhattan Beach, California. In addition to working as the company's Vice President of Battery Systems, Dr. Albano sold his solid-state battery patent to Fisker, Inc. in exchange for shares of the company. When Dr. Albano voluntarily resigned from Fisker, Inc., the company claimed that he had forfeited his shares.
The matter was arbitrated at the American Arbitration Association ('AAA') before Arbitrator Hon. James A. Steele (Ret.), who issued a 54 Page Arbitration Award in Dr. Albano's favor. The Arbitration Award was confirmed by Hon. Gary Y. Tanaka of the California Superior Court, Los Angeles County (Case No. 20TRCV00731) on February 2, 2023. Dr. Albano was represented by Patrick Baldwin, Esq. and Christopher Mader, Esq. of Baldwin Mader Law Group, a boutique securities litigation firm located in Manhattan Beach, California. Fisker, Inc. was represented by Orrick, Herrington & Sutcliffe.
For Additional Information Contact:
About Us:
Baldwin Mader Law Group is a boutique Securities Litigation firm based in Manhattan Beach, California. Patrick Baldwin, Esq. has specialized in securities and investment fraud for over 42 years. He was an attorney at the Securities and Exchange Commission in Washington D.C. (Market Regulation and Corporation Finance), and has represented thousands of defrauded investors in virtually every type of securities case. Christopher Mader, Esq. has been a litigator for 25 years, specializing exclusively in securities litigation since 2005. He was formerly a FINRA licensed registered representative at a leading investment firm.
Contact Information:
Christopher Mader
Partner
[email protected]
3103632031
SOURCE: Baldwin Mader Law Group
Get a daily dose of Pennsylvania Sun news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Pennsylvania Sun.
More InformationCAPE TOWN, South Africa: An international summit on global poverty faced setbacks this week as key finance leaders skipped the G20...
ATLANTA, Georgia: After two years of declining same-store sales, Home Depot finally saw a turnaround in the fourth quarter, fueled...
NEW YORK, New York - U.S. stocks rallied on Friday as economic data showed the U.S. Federal Reserve has likely tamed inflation. The...
WASHINGTON, DC - The U.S. Federal Reserve seemingly has inflation under control with the latest econbomic data confirming little push...
COPENHAGEN, Denmark: A remote Arctic facility designed to preserve the world's agricultural diversity is set to receive a major new...
LONON, U.K.: British Petroleum is set to abandon its ambitious renewable energy expansion targets in favor of a stronger focus on fossil...
CAPE TOWN, South Africa: An international summit on global poverty faced setbacks this week as key finance leaders skipped the G20...
ATLANTA, Georgia: After two years of declining same-store sales, Home Depot finally saw a turnaround in the fourth quarter, fueled...
NEW YORK, New York - U.S. stocks rallied on Friday as economic data showed the U.S. Federal Reserve has likely tamed inflation. The...
WASHINGTON, DC - The U.S. Federal Reserve seemingly has inflation under control with the latest econbomic data confirming little push...
COPENHAGEN, Denmark: A remote Arctic facility designed to preserve the world's agricultural diversity is set to receive a major new...
LONON, U.K.: British Petroleum is set to abandon its ambitious renewable energy expansion targets in favor of a stronger focus on fossil...