An Apple A Day Inc. announces that its lawsuit against Telco Communications Group Inc. will go forward and Telco's motion to dismiss is denied.ST. LOUIS--(BUSINESS WIRE)--April 17, 1997--An Apple A Day Inc. announced Thursday that on Dec. 31, 1996, An Apple A Day Inc. (d/b/a Dial and Save), a Missouri Corporation, filed suit against Telco Communications Group Inc. (NASDAQ/NM:TCGX) in the U.S. District Court, Eastern District of Missouri, Eastern Division, Civil Action No. 4:96CV02534CDP CDP (cytidine diphosphate): see cytosine. (1) (Certificate in Data Processing) An earlier award for the successful completion of an examination in hardware, software, systems analysis, programming, management and accounting, . On Feb. 21, 1997, Telco issued a press release saying that, "Telco believes that An Apple A Day's lawsuit lawsuit: see procedure; tort. is completely frivolous Of minimal importance; legally worthless. A frivolous suit is one without any legal merit. In some cases, such an action might be brought in bad faith for the purpose of harrassing the defendant. and without merit." and announced that, "Accordingly, Telco has filed a motion to dismiss such 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. on both substantive and procedural grounds." And further, Telco claimed that Apple's press release of Feb. 21 was "...a desperate attempt to gain leverage in a lawsuit that is completely without merit." An Apple A Day (d/b/a Dial & Save) announces that Telco's motion to dismiss Apple's lawsuit was denied in a Memorandum and Order from the U.S. District Court, Eastern District of Missouri, Eastern Division, dated April 15, 1997. An Apple A Day said it is seeking the services of an investment banker Investment Banker A person representing a financial institution that is in the business of raising capital for corporations and municipalities. Notes: An investment banker may not accept deposits or make commercial loans. to advise it concerning its options with respect to Telco. For information, call An Apple A Day at 314/863-7283. CONTACT: An Apple A Day Inc., St. Louis Myles Lipton, 314/863-7283 |
|
||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion