Brief: Frequency Electronics Inc - On August 25, Settled Its Dispute With Martin B. Bloch, Co's Former Chief Scientist And Former Member Of Co's Board

Frequency Electronics

27/08/2021 22:27

Aug 27 (Reuters) - Frequency Electronics Inc  FEIM.O :
    * FREQUENCY ELECTRONICS INC -  ON AUGUST 25, SETTLED ITS
DISPUTE
WITH MARTIN B. BLOCH, CO'S FORMER CHIEF SCIENTIST AND FORMER
MEMBER OF CO'S BOARD
    * FREQUENCY ELECTRONICS INC -  UNDER AGREEMENT ON MATERIAL
TERMS
OF SETTLEMENT, CO HAS AGREED TO PAY BLOCH $6 MILLION ON OR
BEFORE SEPTEMBER 24, 2021

Further company coverage:  FEIM.O 

 ((Reuters.Briefs@thomsonreuters.com;))