Kahn Communications CEO Leonard Kahn (CAM-D AM digital system inventor) has filed an amended complaint with the Southern District of NY Court (Civil Action 08-CV-11368), charging major investment banks and The City of New York and Mayor Bloomberg, personally. He names Oppenheimer & Co. specifically for falsely swearing that he was “senile” because he issued three $10,000 checks and two of them bounced. Kahn says the checks shouldn’t have bounced because he has documents (attached in the suit) that prove that he had over $350K in just one account. So in the case, Kahn is also suing Wachovia, SunTrust and TD Ameritrade for allegedly “converting” his fortune (he tells RBR that just last year he claimed $18 million in assets).
Kahn says Oppenheimer actually filed a complaint with Florida’s agency for protecting the elderly that he be committed. And now the NYC Department of Social Services is trying to “interview” him based on that claim. Kahn’s suit also asks for emergency relief to hold NYC from extending their “chase” to his Long Island lab which his halted his work on a solution for Homeland Security—the “iSAFE” system.
iSAFE uses the CAM-D system to alert citizens in an emergency. A small receiver chip would be incorporated into cell phones, Blackberrys, iPhones, iPods, laptops, etc. that would warn of an emergency to citizens that might otherwise be unable to get to a TV or radio—or might not even hear what is going on because they’re “isolated” by headphones, etc. The goal is to bring emergency alerts when the cell phone networks are overloaded and the Internet may be too congested to work (also from a potential cyber-attack). Kahn says CAM-D is robust enough to penetrate buildings, parking garages, etc.
Kahn’s suit contains 10 document attachments that he says prove that he knows what he’s talking about — including statements from Homeland Security employees, the state of Florida, FCC attorneys, etc., that attest to his life-long engineering accomplishments/patents. Actually, the State of Florida has shown in a two-page exhibit, “No Services Recommended” and issued what reads like an apology. But even though the City of NY based its action on Oppenheimer’s initial complaint to Florida, it still refuses to call off their chase of Kahn.
RBR/TVBR observation: The attachments to the suit are pretty compelling. Also, remember, Kahn filed a lawsuit in federal court in New York in 2006 alleging that iBiquity Digital, Lucent and Clear Channel violated antitrust laws. Kahn said in the complaint that they had formed a broadcast cartel seeking to block others from buying his CAM-D system. That suit is currently being requested to be on the Supreme Court Docket.