Ag-Bag International Limited Announces End of S&S Forage Equipment Company Litigation.Business Editors WARRENTON, Ore.--(BUSINESS WIRE)--May 28, 2003 Ag-Bag International Limited (Warrenton, Oregon Warrenton is a city in Clatsop County, Oregon, United States. The city is named for D.K. (Daniel Knight) Warren, an early settler. The population was 4,096 at the 2000 census. ) (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :AGBG) announced today that the Company has reached an end to an ongoing purported class action lawsuit class action lawsuit A lawsuit in which one party or a limited number of parties sue on behalf of a larger group to which the parties belong. For example, investors may bring a class action lawsuit against a brokerage firm that has actively promoted a tax filed Feb. 8, 1998, by S&S Forage & Equipment Company alleging conspiracy to fix prices and sales quotas involving silage silage (sī`lĭj) or ensilage (ĕn`səlĭj), succulent, moist feed made by storing a green crop in a silo. The crop most used for silage is corn; others are sorghum, sunflowers, legumes, and grass. bag manufactures and vendors; with plaintiff's dismissing their complaint in its entirety with prejudice on May 23, 2003. Ag-Bag International Limited President, Larry Inman, stated, "This finally brings to a close a long 5 years of tedious litigation An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute. When a person begins a civil lawsuit, the person enters into a process called litigation. , defense and costs. We are extremely glad to finally have this matter behind us with its dismissal." Ag-Bag International Limited is a northwest company headquartered in Warrenton, Oregon with a second major facility located in Blair, Nebraska. The Company, through its international operations, manufactures and sells to the agricultural industry its farm feed management systems for the high moisture storage of silage and grains. The Company also provides services within the area of composting. |
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