InvestorsHub Logo
Post# of 41945
Next 10
Followers 2499
Posts 109513
Boards Moderated 26
Alias Born 01/09/2001

Re: QuickDraw007 post# 41720

Thursday, 04/30/2015 10:42:21 AM

Thursday, April 30, 2015 10:42:21 AM

Post# of 41945
LPPI $31M Lawsuit may be settled soon. Details about suit:

http://www.marketwatch.com/story/leep-inc-files-31-million-lawsuit-2014-04-24

Press Release
LEEP, Inc. Files $31 Million Lawsuit

Published: Apr 24, 2014 9:03 a.m. ET

LOUISVILLE, Ky., Apr 24, 2014 (BUSINESS WIRE) -- LEEP, Inc. (otcpk:LPPI) LEEP, Inc. has filed suit against two domestic companies, alleging that they violated a Non-Disclosure, Non-Circumvention Agreement and conspired in an attempt to interrupt and take over its business. The $31 million claim alleges fraud, deceptive business practices, and racketeering, among other violations of law. The company is aggressively pursuing these claims. The website www.leeppleadings.wordpress.com gives details of both the legal and financial implications of this action.

In spite of the business challenges that have been created by the defendants’ alleged actions, the company continues to work diligently to attract and develop additional business prospects, and maintain its existing government and commercial customer relationships. The company disclosed that it has completed additional mail screening structures for use by the U.S. Government as part of a counter-terrorism initiative. Based upon the civil unrest in various parts of the world where the United States has a physical presence, these specialized structures are very valuable in the effort to protect both U.S. and in-country national personnel from terroristic activity using the mail as a delivery mechanism. The company has now constructed and delivered these structures to approximately 50 countries around the world.

z

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.