Saturday, April 4, 2009

Ugobe lawsuit

[A] half-million lawsuit [was] just filed that alleges Pleo and Co. are in breach of contract for failure to pay supplier Arrow Electronics.

The company's website was seemingly gone and no one was answering the phones, but it's apparently not all bad: the site's back up, and CEO Caleb Chung told the Idaho Business Review today that the company will respond in an "organized way" with a press release coming in the "next few weeks."

Article Link (Engadget)

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