Files third ammended complaint against Oversee.net — Monte Cahn
1, 2, 3, and now…
Moniker founder Monte Cahn has filed a third amended complaint against his former employer Oversee.net.
The third amended complaint (so that’s four in total) is in response to the judge dismissing a number of claims against Oversee.net and on Cahn’s depositions of current and former Oversee.net employees.
He reinserts claims for accounting, fraud, and conversion. He essentially states that Oversee.net conspired from the beginning to not have to pay him any part of his $13 million incentive plan. Oversee.net argues that it’s merely a breach of contract case and that it doesn’t owe Cahn anything from the incentive plan.
The latest complaint (pdf) includes a few details that I don’t recall from previous versions:
1. Fresh detail regarding why TrafficClub would not work for Oversee since the firm had a contract with Google. (In his motion to dismiss the judge stated more details were necessary to include this in the complaint.)
2. Cahn alleges that former Oversee.net CEO Lawrence Ng stated Oversee.net would increase Moniker’s staff to 36.
3. Discusses how in 2007 (pre-merger) Oversee canceled its contract with TrafficClub and tried to “poach all of TrafficClub’s clients”. This was a highly public spat between Oversee and Moniker at the time.
