Hamilton County Indiana Superior Court Lawsuit Dismissed Against Shmulik Fishman

NEW YORK, June 18, 2019 /PRNewswire-PRWeb/ -- On June 4, 2019, the Hamilton County Indiana Superior Court dismissed a civil lawsuit brought by STRATIM Systems, Inc. and Adesa, Inc. against Shmulik Fishman, STRATIM's former co-founder and COO (Case # 29D04-1812-PL-011774). STRATIM is a mobility services company based in San Francisco, California.

The Court dismissed all claims, including breach of fiduciary duties and fraud. In dismissing the case, the Court ruled that any action between Fishman and his former employer would need to proceed in California, where Fishman worked for STRATIM, because "they previously agreed to litigate in California."

"It is with a profound sense of relief that I learned last week that a lawsuit brought in the State of Indiana, a place where I was a nonresident and had no contacts, ties, or relations was dismissed by the Hamilton County Superior Court," said Fishman.

In February, Fishman initiated an action in Superior Court for the State of California, County of San Francisco, against STRATIM and its parent corporation, KAR Auction Services, Inc. alleging, among other things, compensation due under an employment agreement, which he asserts was due to him following his resignation from STRATIM in late 2018 (Case # CGC-19-574195). STRATIM and KAR have filed a counterclaim on Fishman's action. The suit is still active.

"I am grateful to my attorneys and the continued support of family, friends and professional colleagues throughout and look forward to returning my full focus, attention, and energies on Argyle, my latest business venture," said Fishman.

About Shmulik Fishman

Shmulik Fishman is the Founder and Chief Executive Officer of Argyle - an infrastructure-as-a-service company that makes workforce data (everything from UBER to Fiverr) accessible through a single API. Insurance providers, credit card issuers, and applicant tracking systems use Argyle to unlock the power of workforce data.

Before Argyle, Fishman was the Chief Operating Officer of STRATIM, a company he co-founded in 2014. STRATIM raised over $40M in venture funding and sold in 2018 to KAR Auction Services, an $8B publicly traded company. STRATIM built software that automated the operations of large-scale vehicle fleets across the United States and Canada for clients such as General Motors, Enterprise Rental Car, and Zipcar.

Prior to STRATIM, Fishman worked at Adap.tv, an online video advertising marketplace now owned by Verizon Wireless. At Adap.tv, Fishman reported to the Chief Financial Officer and was responsible for order payment processing and actionable data insights on the company's health.

SOURCE Shmulik Fishman