NYC has to settle for $1.9M after claiming it lost $4.3M try

NYC has to settle for $1.9M after claiming it lost $4.3M trying to buy ventilators


MIAMI (Legal Newsline) – New York recovered about half of the money it claims a medical supply company scammed it out of during last year’s rush to purchase ventilators.
The city and Global Medical Supply Group filed the terms of their settlement in Miami federal court on April 7. They stipulated to final judgment entered in favor of NYC on its breach of contract allegation, which is one of 10 claims made by the city in its lawsuit.
NYC will be paid almost $1.9 million under that claim and the rest were voluntarily dismissed, closing the case.
NYC filed a lawsuit Oct. 8 in Florida federal court against Global Medical Supply Group, Nations Fast Tax & Accounting and Zhejiang Jinrong Trading Co., as well as four individuals.

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