Callan JMB faces lawsuit from Eddie Patent Holdings LLC

Callan JMB Inc. (NASDAQ: CJMB) disclosed that Eddie Patent Holdings LLC filed a lawsuit against the company in the U.S. District Court for the Northern District of Texas.

The logistics company, which provides healthcare and emergency management services, stated it is reviewing the filing with legal counsel and considers the claims without merit.

"While we take all legal matters seriously, we believe the claims asserted in the complaint are without merit and intend to respond through the appropriate legal process," said Wayne Williams, Chief Executive Officer of Callan JMB.

The company indicated the lawsuit does not affect its operations, strategic partnerships, or ongoing projects. Callan JMB stated it will not comment further on the active litigation but will provide updates as appropriate.

The press release did not specify the nature of the claims or damages sought in the lawsuit filed by Eddie Patent Holdings LLC.

You May Also Be Interested In

• Citigroup set to join top banks in Anthropic IPO - Bloomberg
• James Hardie sells Fermacell unit to Holcim for €840 million
• Abbott settles preterm formula NEC lawsuits for $670 million