Utah Court Leaves Temporary Restraining Order in Place Against Ucore Chief Operating Officer and 6th Wave Innovations to Prevent Misappropriation of IBC’s Intellectual Property

AMERICAN FORK, Utah, Oct. 29, 2019 /PRNewswire/ — IBC Advanced Technologies, Inc. (“IBC” or “Plaintiff”) updates that in a hearing on October 28, 2019, the Utah Fourth District Court left in place the temporary restraining order (“TRO”) it had entered on October 18, 2019 against Michael L. Schrider, Chief Operating Officer of Ucore Rare Metals, Inc. (“Ucore”) and 6(th) Wave Innovations Corp. (“6(th) Wave”) (“Defendants”). Defendant Schrider had attempted to get the TRO dissolved, but the motion was not heard, as IBC’s complaint, filed on October 18, 2019, against the Defendants (“Complaint”) will now be removed to the U.S. Federal Court, District of Utah to determine if the TRO will continue or if a preliminary injunction will be entered.

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