Article: EMERSON RADIO CHARGED WITH BREACH OF OBLIGATIONS, FAILURE TO MAKE PAYMENTS AND COERCION

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 ...

Related newspaper, magazine, and journal articles:

 
 
Newsweek Harper's Magazine The Washington Post Chicago Tribune Crain's Chicago Business PRNewswire Pediatric News The Nation Advertising Age The Economist (US) A FREE trial gives you access to over 80 million articles! Access over 6,500 publications with a FREE trial!