A Connecticut-based gaming company has reached a settlement with a bingo products supplier. The gaming company had accused the supplier of failing to deliver on promised assets, as part of a $1.2 million acquisition agreement.
The announcement of the settlement arrived on the eve of the commencement of jury selection related to the dispute. The initial dispute revolved around allegations that the supplied business holdings, ostensibly earmarked for sale as part of the significant deal, had been unjustly withheld by the supplier. The resolution of this dispute was captured in a notice recently filed in a Federal Court.
For further report details, consult the original article on Law360.