September 3, 2008

ENERGY CONVERSION: Battery Supply Fraud Suit Resolved Last June

COMPANIES: Chevron Corp fka Chevron Texaco Corp | Energy Conversion Devices Inc | General Motors Corp | Innovative Transportation Systems AG | International Acquisitions Services Inc
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The lawsuit filed by International Acquisitions Services, Inc., Innovative Transportation Systems AG, and Neville Chamberlain against Energy Conversion Devices, Inc. was resolved in June 2008 with a payment of US$925,000 made to IAS.

The action, filed in Nassau County, New York…

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