Tranzeo Wireless Technologies Inc. (TZT.V) said Friday that it is aware of the notice of claim filed by Avnet Inc. with respect to its assertion that Tranzeo owes monies regarding certain inventory transactions.
Tranzeo said it is investigating the claim and will respond accordingly after an examination of the facts.
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Business News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.