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ORYN > SEC Filings for ORYN > Form 8-K on 24-Feb-2014All Recent SEC Filings

Show all filings for ORYON TECHNOLOGIES, INC.

Form 8-K for ORYON TECHNOLOGIES, INC.


24-Feb-2014

Other Events


Item 8.01 Other Events.

On February 6, 2014, M. Richard Marcus (the "plaintiff") filed a lawsuit against Oryon Technologies, Inc. ("Oryon") and certain of its subsidiaries and directors, and EFL Tech B.V. ("EFL") and an affiliate, (collectively, the "defendants") in the District Court for Dallas County, Texas, (the "Court") alleging a breach of fiduciary duty, inducement of fiduciary duty, minority shareholder oppression, breach of promissory note, and tortious interference with contract, in connection with the transaction between Oryon and EFL that is described in Oryon's Form 8-K Current Report filed with the Securities and Exchange Commission (the "Commission") on January 27, 2014 (the "EFL Transaction").

In the lawsuit, the plaintiff seeks monetary damages, and a temporary restraining order, temporary injunction and permanent injunction against the defendants, as described in Oryon's Form 8-K Current Report filed with the Commission on February 13, 2014.

After a hearing before the Court held on February 14 and 19, 2014, the Court entered an Order on February 20, 2014:

1. Denying plaintiff's request for a temporary injunction; and

2. Ordering that plaintiff shall not obstruct or interfere with Oryon's and EFL's continuing operations and transactions.

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