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Appliance Recycling Centers of America, Inc.
Appliance Recycling Centers of America Reports Litigation Summary Judgment
February 1st, 2009
Appliance Recycling Centers of America, Inc. (NASDAQ:ARCI) reported that on January 6 the U.S. District Court for the Central District of California granted defendants JACO Environmental, Inc. et al. a summary judgment in ARCA's lawsuit against the parties for unfair competition and false advertising brought by the Company in 2004. The ruling was made by the same judge who had earlier denied summary judgment to the defendants. No claims were asserted against ARCA in the litigation by the defendants. Edward R. (Jack) Cameron, ARCA's president and CEO stated: "We are disappointed by the ruling and believe that it is contrary to the law and facts in this case. We plan to...
Source: Pharma Investments, Ventures & Law Weekly (2009-02-01)
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