ED Magedson – Founder
Magna Group, Hanover Holdings, Jousha sason5 Hanover Square new york, New York USA
Magna Group, Hanover Holdings, Jousha sason Fraud, Litigation, Breach of Contract, Scam, new york New York
Cereplast Sues Magna Group for Breach of Contract , Dec 12 , 2013 -- Cereplast, Inc. (OTCQB: CERP), a leading manufacturer of proprietary biobased, compostable and sustainable plastics, today is providing an update on the litigation against the Magna Group. On May 8, 2013, the Company filed in the Southern District of New York a lawsuit against Magna Group LLC and Hanover Holdings LLC for breach of contract, breach o f the covenant of good faith and fair dealing. The Action is seeking compensatory damages in an unspecified amount, plaintiff’s costs and attorneys’ fees, and unspecified equitable or injunctive relief.
This report was posted on Ripoff Report on 12/23/2013 10:08 PM and is a permanent record located here: http://www.ripoffreport.com/reports/magna-group-hanover-holdings-jousha-sason/new-york-new-york-10004/magna-group-hanover-holdings-jousha-sason-fraud-litigation-breach-of-contract-scam-1109563. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year.
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