The suit alleges that the Bank aided and abetted the efforts of Marsam Trading Corporation, Optic Tech International and the Wu Family of Shanghai, Hong Kong and Miami to avoid the enforcement of a court ordered injunction and the collection of a $41.2 million judgment awarded to Super Vision in September of 2002 by an Orange County, Florida jury in case number CI99-9392: the story was reported on this website on 1 October 2002. The Wu Family and their numerous associated corporations in the US and China were found liable on more than a dozen counts in the lawsuit, including Theft of Trade Secrets, Fraud, Violations of Florida's RICO Act, Negligent Destruction of Evidence and Civil Theft, as described in a partial final judgment dated 30 October, 2002 under the above case number. A separate criminal case is under investigation by the FBI and US Attorney's Office.
Super Vision has received testimony and affidavits, which suggest the Bank may have liability for its actions with the Wu defendants. The case is being handled on behalf of Super Vision by Chris Cathcart of Ossinsky & Cathcart, P.A. of Winter Park, Florida.
(Lee Baldock)
