CSL announces settlement of litigation.VALENCIA, Calif.--(BUSINESS WIRE)--Dec. 19, 1995--CSL Lighting Manufacturing Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :CSLX) Tuesday reported that its Board of Directors has approved an agreement with Jack J. Zukerman, its former chairman and chief executive officer in settlement of the company's pending federal 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. against Zukerman. Sylvan sylvan emanating from or pertaining to woods. See also sylvatic. Gerber, chairman and chief executive officer of the company stated that: "The Board believes it has entered into an agreement which is in the best interest of both the company and its shareholders. Management will now be able to focus the company's resources exclusively on developing the company's business and maximizing shareholder value." CSL (Computerese as a Second Language) Said of people who love to speak high-tech words even though they often use them erroneously. See TLA. 1. CSL - Computer Structure Language. A computer hardware description language, written in BCPL. designs, manufactures and markets high-end lighting fixtures for both commercial and residential applications. CONTACT: CSL Lighting Manufacturing Inc. Mark Allen, 805/257-4155 |
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