In the News

21
May

MAY / MEI 2017

HSAG COURT CASES TO DATE 

Letter from Mr. Stander, member of the HSAG Steering Committee, ceasing and terminating any further settlement negotiations with Mr. Nic Georgiou. 

Click here to view the HSAG Court Cases to date

Mr. Georgiou refused to sign the settlement agreements that were presented to him in March 2017 and also did not honour his undertaking to present a better or put any offer on the table.

As a consequence of the aforesaid, the HSAG Steering Committee members have resolved unanimously to cease and terminate any further settlement negotiations with him, as set out in a letter, dated 5 May 2017. See attached hereto or on the HSAG website.

Further information will be published on the HSAG website.

Click here to read the letter. 

– RESPONDENTS’ APPLICATION(S) FOR LEAVE TO APPEAL IN THE PRETORIA AND JOHANNESBURG MATTERS

On 17 March 2017 (Johannesburg High Court) and 7 April 2017 (Pretoria High Court) both Courts considered the applications to be urgent and ordered Mr Georgiou and Orthotouch to pay costs, including the costs of the senior and junior HSAG advocates.

Click here to read the 1st Respondent’s  Leave to Appeal in the Johannesburg High Court matter. 

Click here to read the 12th to 16th Respondents’ Leave to Appeal in the Johannesburg High Court Matter. 

Click here to read the 1st to 5th Respondents’ Leave to Appeal in the Pretoria High Court Matter. 

Click here to read the 18th Respondent’s Leave to Appeal in the Pretoria High Court Matter.

– HELGARD HANCKE SETTLEMENT OFFER 

It is now official that Mr Helgard Hancke is promoting the interests of Orthotouch and/or Mr. Nic Georgiou and therefor either acting as an agent for and/or or in the employment of Orthotouch / Mr Nic Georgiou to the detriment of HSAG members. According to unconfirmed sources Mr Hancke has “signed up” some investors with Orthotouch, whilst still unlawfully using the hsag@telkomsa.net e-mail address. 

Mr Hancke has recently sent out contracts to members of the HSAG enticing them to sign settlement agreements with Orthotouch, thereby effectively settling and waiving all their claims which they have through the HSAG class action against Mr Nic Georgiou and the other Respondents in the HSAG Class Action.

Click here to read further. 

Click here to view Mr. Hancke’s Settlement Offer.

Further information will be published on the HSAG website.

3 May 2017

Official Highveld Syndication Action Group (“HSAG”) Communication