Recently, Falkbuilt publicly suggested that the United States District Court in Utah fully and finally dismissed the merits of DIRTT’s claims against it. While the Utah court dismissed some of the claims without prejudice, no ruling on the merits was made. The Court’s reasoning was straightforward— the court believed that it was “more convenient” for portions of our Utah case (particularly those involving Mr. Smed individually) to be decided in the pending Canadian litigation, rather than in Utah. The rest of the Utah case continues unaffected.
As part of the dismissal order, Falkbuilt consented to the very claims that were dismissed without prejudice being litigated in Canada. As such, the claims will continue either in the United States or Canada and any suggestion to the contrary is not well founded, and in our view misleading.
DIRTT vigorously disagrees that litigating U.S. claims in Canada is convenient and respectfully disagrees with the court, and is considering all legal options as to the location of its claims for U.S. injury. DIRTT will continue to vigorously prosecute its claims against Falkbuilt, Mogens Smed, Barrie Loberg, numerous former employees, and others in the United States and Canada. See our most recent Form 10-Q for additional information.
DIRTT is a building process powered by technology. We use our proprietary 3D software to help design, manufacture, and install fully customized interior environments. This same software provides clients with certainty around cost, schedule, and the final outcome. With modular components and a streamlined construction process, complete interior spaces are constructed faster, cleaner, and more sustainably. The Company works with over 70 partners throughout North America. DIRTT trades on Nasdaq under the symbol “DRTT” and on the Toronto Stock Exchange under the symbol “DRT”.