Judge OKs Suit Against Cisco

Judge allows $1.3B suit against Cisco to proceed, calling the allegations of fraudulent behavior 'compelling'

April 16, 2002

1 Min Read

MIAMI -- A federal judge in Florida allowed a $1.3 billion lawsuit to proceed against Cisco Systems, Inc., (Nasdaq: CSCO - news) for fraud, fraudulent inducement, negligent misrepresentation and a violation of the Florida Deceptive and Unfair Trade Practices Act. Vox2Vox has retained the law firm of Ferrell Schultz Carter Zumpano & Fertel, P.A. to represent the company in its action. U.S. District Judge James L. King denied Cisco's Motion to dismiss a complaint filed by Vox2Vox, Inc. -- a provider of hosted telecommunications and voice-over IP (VoIP) services and products, meaning that the lawsuit will go to trial unless both sides reach a settlement. On March 7, 2001, a Cisco press release stated, "Cisco is committed to the unified communications market and will continue to provide all the resources and support necessary to ensure that uOne is successful.'' Vox2Vox, working with Cisco, prepared to launch its services in May, however, in a letter to Vox2Vox, dated May 1 2001, Cisco announced its decision to exit the uOne product business. According to the original complaint filed by Vox2Vox, Cisco had to have known that it was dropping the uOne product, even while Cisco claimed that it would support uOne, thus causing Vox2Vox to waste valuable time and resources. Specifically, Vox2Vox claims, "it is clear that Cisco misrepresented its intentions -- as demonstrated by the incredibly short time frame between the drop from Cisco's 100% to 0% confidence.'' Cisco Systems Inc.

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