Dialight plc (LON:DIA) has provided an update to the Sanmina litigation.
As reported previously, Dialight has been involved in ongoing litigation with its former manufacturing partner, Sanmina Corporation in relation to the termination of a manufacturing services agreement. Both parties issued formal legal proceedings in December 2019 and Sanmina lodged a motion for summary judgment to dismiss certain elements of Dialight’s claims and counter-claims.
The Court’s ruling on Sanmina’s dismissal motion (with pleadings first filed on 2 May 2022) was released to the parties under seal on Tuesday 14 March 2023 (the “First Judgment“). The notification of this ruling is available at https://ecf.nysd.uscourts.gov and is also available on request from Dialight (email: ir@dialight.com). In the First Judgment, the court denied Sanmina’s motion to dismiss Dialight’s fraudulent inducement claim and denied its motion for summary judgment on Sanmina’s accounts receivable claim.