OBEX Securities, LLC vs. Healthzone Limited – Index No. 10-6876 (SAS)

Lax & Neville LLP successfully wins a summary judgment motion in a case defending Healthzone Limited (“Healthzone”), an Australian based health store against claims raised by OBEX Securities, LLC (“OBEX”), a small broker-dealer. On November 3, 2011, the Honorable Shira Scheindlin granted Healthzone’s motion for summary judgment and directed entry of judgment in favor of Healthzone. Specifically, Judge Scheindlin dismissed, with prejudice, OBEX’s breach of contract claim against Healthzone as there was no evidence that Healthzone breached the placement agent agreement because OBEX never introduced any individual or entity to Healthzone that ultimately invested in Healthzone.

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The Lax & Neville team were total professionals in handling our case. They've clearly had quite a bit of experience handling complex legal matters in many jurisdictions and courts. I was impressed with their professionalism coupled with persistence in arguing a very complete and well-structured case. I highly recommend their services. Anonymous
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I am very, very happy with the outcome of my case and my experience with Lax Neville could not have been better. The entire team of attorneys and staff are real professionals, they always had time to answer my many questions about my case. I was treated with compassion and respect. I am so grateful I chose to work with Lax Neville. Anonymous
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What transpired at the [redacted] was nothing less than a truly masterful and exceptional experience regarding your intelligence, professionalism, preparedness for my case, teamwork and erudite knowledge pertaining to Securities Law, FINRA and the SEC. The facility and ease of how the case was handled, the systematic questioning of all the witnesses to obtain the facts necessary to prove our case, the preparation of the critically conclusive information and documents, the commanding coup de gras closing argument and your tireless consideration and respect for the Panel and [redacted] was, is and will continue to epitomize my feelings and conclusion that what transpired over those long three days was nothing less than raw and unabashed brilliance. Anonymous
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