Settlement Agreement — Sidesolve v. Docklight Brands (W.D. Wash.)

Summary

Exhibit A in United States ex rel. Sidesolve LLC v. Docklight Brands, Inc., No. 2:22-cv-01371-JNW, in the U.S. District Court for the Western District of Washington, filed February 22, 2024 as Document 20-2: a settlement agreement among the United States, Docklight and the relator. The United States contends that Docklight certified eligibility for a PPP loan from Cross River Bank on April 12, 2020, of which $494,719.00 was forgiven, even though it derived revenues from third parties engaged in cannabis-related activities; Docklight does not admit liability. Docklight agrees to pay $989,438.00, of which $494,719.00 is restitution, and $22,000.00 in relator expenses and fees, and, conditioned upon receiving the Settlement Amount, the United States shall pay the relator $148,416.70. It provides for a consent judgment and releases of False Claims Act claims for the covered conduct.

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