Destiny Media wins legal case against Vestergaard

Executive Summary

• Destiny Media Technologies Inc. has successfully resolved legal claims filed by Steve Vestergaard, with all claims against the company, its directors, and officers being dismissed.
• The company was awarded costs from Mr. Vestergaard as part of the judgment.
• CEO Fred Vandenberg stated the company is pleased with the favorable judgment and intends to focus on future growth and customer service.

Key Details

• Plaintiff: Steve Vestergaard.
• Outcome: All claims against Destiny Media Technologies Inc., its directors, and officers were dismissed.
• Financial Impact: The company was awarded costs from Mr. Vestergaard.
• Company Response: CEO Fred Vandenberg confirmed the favorable judgment and emphasized the company's focus on the future, customers, and business growth.

Notable Quotes

• "We are pleased to have a judgement in our favour and to put this matter behind us," said Fred Vandenberg, chief executive officer. "We are focused on the future, our customers and growing our business."