Nortek and SDS Fight Over Failed Settlement

By: Dan Gelinas, Published on Jun 05, 2019

Distributor SDS said they reached a deal with Nortek but Nortek says no settlement was reached and the suit is still on.

Nortek vs SDS Settlement Dispute

In this post, based on our talks with counsel for both the Plaintiff and the Defendant, we examine the following:

  • What counsel for the Defendant SDS alleges
  • What counsel for the Plaintiff Nortek alleges
  • What industry attornies say
  • What next steps are

*********** ******* **** ******* * deal ************* ****** **** ** settlement *** ******* *** the **** ** ***** on.

Nortek vs SDS Settlement Dispute

** **** ****, ***** on *** ***** **** counsel *** **** *** Plaintiff *** *** *********, we ******* *** *********:

  • **** ******* *** *** Defendant *** *******
  • **** ******* *** *** Plaintiff ****** *******
  • **** ******** ********* ***
  • **** **** ***** ***

[***************]

What ******* *** *** ********* *** *******

** *** **********-******* ******* ****** ***** against ***, *** **** **** Nortek's ******* ********* *** counsel *** **** **** Nortek ***** **** *** claim ** ********, ********, and **** *** ******* the ****** ** *** paid *** ******** ***—$***,***+, as **** ** *** following *****, ******** ** SDS:

******* *** **** **** agreed ** *** *****, which **** ****** ** a ********** *********, *** paid *** ******** *** (and ******** **** **** the ******** *** **** Brands/Linear (******* *********** *) ********* ** ***** **), ** **** ** the ********* *****, ***** provided ** ***:

*******, *** **** **** even ****** ****** ******** payment ****** **** *** parties *** *** ******* into * ********** ********* and **** *** **** was ***** **********, ** seen ** *** ********* email ******** ** ***:

***** *** ****** ********* settlement ******* **** **** was *** *****, ** we ****** ** ******* of ******.

What ******* *** *** ********* ****** *******

****** ******* **** **** while *** ***** *** made, ** ***** ********* was *******, ******** **** SDS ************** **** ** ask *** ****** *** in-stock ****** ***********—** ***** IPVM *** *** ********. Nortek ******* ****** *** counteroffer ********* *** ******** offer *** *** ****, now **** *** ****, and ******** ** ***** ongoing.

*******, ****** ******* **** the **** ***** ** not **** *** ***** still **** *** *** money ******* ****, *** also * ***** ********* on *******—*** ** ****** up **** *** **** are *** ***** ***** to *** **********:

*** ******** *** **** that *** **** *** not **** **** *****, but *** ****** ***** is **** ** **** to **** ** ** agreement **** ** ******** owed *** ***** ** paid. ** **** *** money *** **'** *** going ** ******* ******* prejudice *** *** **** have ** ***** **** in ***** *** ********** that ** **** **** money.

****** ******* **** **** without * ***** ********* on *** *** ******* like ********* **** **. without *********, *** ***** file * ********** ****** in *** ***** ****** (*** **** ****** *** SDS ********** **** *** antitrust ************ **** *** **** case ** ***** *******, having **** ******* ** Texas ** ******* ************), claiming **** ** *** believe **** **** *** money ** *** ***** place.

What ******** ********* ***

******* ****** *** **** ** would ** ******** *** an ******** ** ******** a ********** ********* ******* without ***** ******** ** things **** ********* **** vs. ******* *********. **** lends ******** ** ****** counsel's ****** **** * final ********* *** *** reached, ********** ** ******** made.

*** ************** ************ & ************ PC **** **** ***** the ******** **** ****, regardless ** ******* ** not **** **** **** before * **** ********** agreement *** *******, ** is ****** **** *** case **** ** ******** soon:

*** ***** ***** ** effectuating *** ********** ******* the ******** *** *** other **** ******** *** payment. ****'* ************ *** ************. *** ***** **** make **** ****** ** since *** ******* *** accepted.

What ******* ****** *** **** ***** ***

** ***** *** *** is **** **** **** said **** **** **** are **** *** ****** stock **** *** ** longer ********** ** **** since ****** ****** *** lines **** **** ***** the ****** ** *** antitrust ****. *** ******, they ** *** **** to **** ** ****** the ***** *** ******* paid *** ** *** unwilling ** ****** ******* a ****** *** ***** release **** ******* ********* with *********.

****** ******* **** *** matter ******* *******:

*** ******* **** ********* to ******* *** ******* litigations ** ********** *** Texas ******* ***** ** recent ******. ****** *** counter-offers **** ********* ** the ********** ****** *** SDS *** *** ******* outstanding ******** ***** *** been ********* ** ******, but *** ***** *** agree ** *** ******** for * ******** ******* or ******* ******** ** resolve **** ******. ** that ****** ******* *******.

****** ******* ***** **** both ***** "**** **** working ** * ******* judgment *** ** ****** to ** **** ** resolve *** ********** ****. So, ** ** ****** that ** **** *** the ********** **** ********."

*********** ********* / ******* case** ***** *** ***** damages **** ****** *** Wave ** ***** ***** actively ******* ** ***, despite ********* **** ****** to ******* **** ****** with *** ***-******* ***** in * ****** ********** to *** ********** ******* the *** ******* **** an *** ****** ******** SDS **** ** * distributor:

***** *** ******* ****** from ***, ** ** unlikely **** *** ******* will **** **** *** renew ***** *** ************.

*** ******'* ****, ******* said * **** ******* on * ****** **** Nortek ** ******* ***** allow **** ** ******* their *********:

** *** ***** ****, a ******* ** ******’* motion ** ******* *** been *** *** ***-****, and ** **** ******* to *** *********** ** present *** ********* ** the ***** ****.

Comments (1)

Undisclosed #1

06/06/19 12:38am

**** **** ** ****** like ******* ***** *******.

* **** ** ***** with Kirschenbaum's **** **** **** will ****** *** ***** resolved ****, ****** ***** a *** **** ***** back-and-forths **** *** ****** out ** $***/****.

Login to read this IPVM report.
Why do I need to log in?
IPVM conducts unique testing and research funded by member's payments enabling us to offer the most independent, accurate and in-depth information.

Related Reports

Crisis At China's Largest VMS Provider, Netposa, Now State-Controlled on Oct 07, 2019
NetPosa, which bills itself as the PRC's largest VMS provider, is in a crisis. The firm is pursuing huge unpaid bills from clients, and its...
Hikvision ColorVu is Smart Marketing on Oct 03, 2019
Hikvision ColorVu (see IPVM test results) is smart marketing, a lesson to be learned by competitors and a rising trend. Inside this note, we...
Directory of 70 Video Surveillance Startups on Sep 18, 2019
This directory provides a list of video surveillance startups to help you see and research what companies are new or not yet broadly known. 2019...
ASIS GSX 2019 Final Show Report on Sep 12, 2019
IPVM went to Chicago for ASIS GSX 2019, with many exhibitors disappointed about traffic and the exhibitor schedule changing next year. However,...
UK Facewatch GDPR Compliance Questioned on Aug 27, 2019
Even as the GDPR strictly regulates biometrics, a UK company called Facewatch is selling anti-shoplifter facial recognition systems to hundreds of...
US Government Ban of Dahua, Hikvision, Huawei Takes Effect Now on Aug 13, 2019
The 'prohibition on use or procurement' of Dahua, Hikvision and Huawei products and 'essential components' take effect today, August 13, 2019, one...
Cisco Settles False Claims Act Suit For Video Surveillance Vulnerabilities on Aug 01, 2019
Cisco entered the video surveillance market in 2007 and suffered for many years through a variety of its own errors and arrogance. The conclusion...
"Stats Don't Lie" Says Deceptive IFSEC on Jul 30, 2019
While IFSEC has declared #statsdontlie and trumpeted seemingly skyrocketing visitor numbers, they are decieving about their show's problems. On...
Australia Security Full Show Report on Jul 25, 2019
IPVM went to Australia attending the 3 days of the Australia Security Exhibition: This was held at the ICC Sydney, as shown below: In this...
ZeroEyes Gun Detection Startup on Jul 16, 2019
A gun detection video analytics startup, ZeroEyes, is being led by a group of 6 former Navy SEALs, aiming to "save lives" by using AI to assist...

Most Recent Industry Reports

Government-Owned Hikvision Wants To Keep Politics Out Of Security on Oct 21, 2019
'Politics' made Hikvision the goliath it is today. It was PRC China 'politics' that created Hikvision, funded it, and blocked its foreign...
Integrated IR Camera Usage Statistics 2019 on Oct 21, 2019
Virtually every IP camera now comes with integrated IR but how many actually make use of IR or choose 'super' low light cameras without IR? In...
Alarm Veteran "Demands A Criminal Investigation" Of UL on Oct 18, 2019
The Interceptor's Project pressure against UL continues to rise. Following Keith Jentoft's allegation that "UL Has Blood On Their Hands", Jentoft...
Camect "Worlds Smartest Camera Hub" Tested on Oct 18, 2019
Camect is a Silicon Valley startup that claims the "Smartest AI Object Detection On The Market", detecting not only people and vehicles, but...
Hikvision Global News Reports Directory on Oct 17, 2019
Hikvision has received the most global news reporting of any video surveillance company, ever, ranging from the WSJ, the Financial Times, Reuters,...
Camera Calculator V3.1 Release Improves User Experience on Oct 17, 2019
IPVM has released a new version of our Camera Calculator, V3.1, with significant user experience improvements, a new development plan, and an...
Securing Access Control Installations Tutorial on Oct 17, 2019
The physical security of access control components is critical to ensuring that a facility is truly secure. Otherwise, the entire system can be...
Access Control Course Fall 2019 - Last Chance on Oct 17, 2019
Register Now - Fall 2019 Access Control Course. Thursday, October 17th is the last day to register. IPVM offers the most comprehensive access...
US DoD Comments on Huawei, Hikvision, Dahua Cyber Security Concerns on Oct 16, 2019
A senior DoD official said the US is "concerned" with the cybersecurity of Hikvision, Dahua, and Huawei due to "CCP" (China Communist Party)...
Pelco Sarix Pro3 Camera Tested on Oct 16, 2019
Pelco has released their Sarix Professional Series 3 cameras, claiming "more security detail in challenging scenes with excellent low light and...

What IPVM Is

The world's leading authority on video surveillance, with 200,000+ visits monthly.

  • Articles on cameras, video analytics, VMS, and trends
  • Tests showing actual performance and problems
  • Courses in surveillance, access control, etc
  • Camera Calculator for designing systems

Dedicated To Independence

We're dedicated to staying independent and objective. We're the only industry source to refuse any and all advertisements, sponsorship, and consulting from manufacturers. Why?