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Article: EMERSON RADIO CHARGED WITH BREACH OF OBLIGATIONS, FAILURE TO MAKE PAYMENTS AND COERCION
- Article from:
- PR Newswire
- Article date:
- December 21, 1995
CopyrightCOPYRIGHT 1995 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Suit Filed by Long Time Major Supplier and Distributor; Company
Potentially Faces $2.4 Million in Damages and Other Liabilities
INDIANAPOLIS, Dec. 21 /PRNewswire/ -- Emerson Radio Corp. (AMEX: MSN), a large U.S. based marketer of consumer electronics products, today was charged in federal court in Indiana with, among other things, breach of multi-agreements, breach of confidentiality, failure to meet financial obligations and coercion. The charges against Emerson Radio made by Orion Electric (America) Inc., a long time domestic supplier, and by Orion Sales Inc., a distributor of certain consumer electronic products in the United States and Canada under its own ...