Jan 5 (Reuters) - Gtn Ltd (GTN)
- GTN Limited subsidiaries joined to radiate litigation-gtn.ax
- certain of its us subsidiaries have been joined to legal proceedings filed against radiate media, llc
- TTWN is claiming tortious interference by radiate, shulman and GTN subsidiaries
- TTWN is seeking both damages and injunctive relief
- A subsidiary of gtn has entered into a consulting agreement with haake to provide services to gtn outside united states
- TTWN alleges that they induced haake, a former employee of ttwn, to violate terms of his employment contract with ttwn
- GTN denies causes of action against it and intends to vigorously defend these proceedings
- Potential liability of gtn under claim is currently unquantifiable
- GTN believes that arrangement does not conflict with haake's contractual obligations to TTWN
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Mkt cap ! $51.47M | |||
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