Brief: Franklin Wireless Corp - As Previously Disclosed, A Legal Action Was Filed In Court Against Co, Nosirrah Management Llc V. Franklin Wireless Et Al.
14/06/2024 23:03
Franklin Wireless Corp FKWL.O :
* FRANKLIN WIRELESS CORP - AS PREVIOUSLY DISCLOSED, A LEGAL
ACTION
WAS FILED IN COURT AGAINST CO, NOSIRRAH MANAGEMENT LLC V.
FRANKLIN WIRELESS ET AL.
* FRANKLIN WIRELESS CORP - CO, OC KIM, NOSSIRRAH ENTERED
INTO A
SETTLEMENT AND RELEASE AGREEMENT, DATED JUNE 12, 2024
* FRANKLIN WIRELESS- UNDER TERMS OF SETTLEMENT AND RELEASE
AGREEMENT, KIM WILL PAY CO $1 MILLION AND CO WILL PAY
PLAINTIFF’S ATTORNEYS $550,000
Source text for Eikon: ID:n0001683168-24-004248
Further company coverage: FKWL.O
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