Zer01 Sued by Former Partner Global Verge
Dec 15, 2009, 5:40 PM by Eric M. Zeman
Zer01 Mobile has been sued by its former business partner, Global Verge, for $170,500. The lawsuit alleges that Global Verge gave Zer01 a loan of that amount during their (since dissolved) partnership when Zer01 indicated it was experiencing financial difficulties. The money was wired to a Zer01 shareholder who, like Zer01's and Global Verge's executives, has a criminal past. Zer01 Mobile and Global Verge have gone their separate ways since the partnership between them fell apart earlier this year. Global Verge has since commenced selling mobile services, but Zer01 has yet to officially launch its long-promised voice and data services.
more info at PC World / IDG News Service »
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Comments
| Subject | Author | Date |
| Idiots!! | haley72 |
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| The money should be given to me | bluecoyote |
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