NEW YORK (UNITED STATES) (ITALPRESS) – With the decision of 8 July last, the Federal Tribunal of the United States for the South District of New York rejected the request for certification of the class action promoted against Salvatore Palella (founder and Ad of Palella Holdings) and micromobility. as part of the cryptocurrency dispute Helbiz Coin, launched in 2018 by Salvatore Palella. It makes Micromobility known. com Inc., an electrical micromobility company known for the Helbiz brand and which has Palella Holdings as the first shareholder.
The applicants did not appeal within the time limits laid down by law. The decision has therefore become definitive, putting an end, after more than six years of litigation, to the attempt to pursue the cause as a collective action.
“The pronunciation is a fundamental step of the whole story and is an important judicial victory for micromobility. com and for Salvatore Palella – explains the company -, towards which in recent years have been presented to the public, as already established facts, serious accusations never demonstrated on elements that were still subject to judicial investigation”.
“This is an extremely important moment for me, for the
Society and for all those who have continued to believe in
correctness of our work. Since the first day we have put full trust in American justice and decided to defend ourselves exclusively in courtrooms, without resorting to media campaigns – said Salvatore Palella -. For over six years my name and that of the Society have been associated with a class action without foundation, which unfortunately has been the subject of great media attention all over the world and which has absorbed enormous resources for defense not only mine, but also of the Society and other unjustly involved subjects. Today that proposal of class action no longer exists.”
“The final rejection of the class action certification request is an extremely significant milestone for the Company – said Gian Luca Spriano, Chief Executive Officer of micromobility. com -. We can now focus all our energies on the execution of the industrial plan, business growth and value creation for our shareholders. We will continue to operate according to the highest standards of governance, transparency and responsibility, maintaining full confidence in US justice and the correctness of our work.”.
– Photo Palella Holding –
(ITALPRESS).
