Quick Facts
FONT-SIZE Plus   Neg
Share SHARE

Tranzeo Wireless Technologies Responds To Avnet Lawsuit

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.

Click here to receive FREE breaking news email alerts for Tranzeo Wireless Technologies Inc. and others in your portfolio

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Editors Pick
In a surprise move, the Senate voted Tuesday to make changes to an important House highway funding bill, raising questions about whether the legislation will receive final approval before lawmakers leave town for the August recess. Stocks have given back some ground over the course of the trading day on Wednesday after failing to sustain an early upward move. The choppy trading reflects uncertainty ahead of a highly anticipated announcement from the Federal Reserve. After reporting a notable contraction in U.S. economic activity in the first quarter, the Commerce Department released a report on Wednesday showing that gross domestic product rebounded by more than anticipated in the second quarter.
comments powered by Disqus
FREE Newsletters, Analysis & Alerts

 

Stay informed with our FREE daily Newsletters and real-time breaking News Alerts. Sign up to receive the latest information on business news, health, technology, biotech, market analysis, currency trading and more.