SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Cascade Communications (CSCC)

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Orhan Birol who wrote (3580)4/21/1997 8:37:00 AM
From: Glenn D. Rudolph   of 3743
 
Cascade denies Genl DataComm allegations

Reuters Story - April 21, 1997 08:05
FINANCIAL ELC US CSCC GDC V%REUTER P%RTR

WESTFORD, Mass., April 21 (Reuter) - Cascade Communications
Corp said Monday that General DataComm Industries Inc's
allegations against it are without merit.
On Friday General DataComm said it has begun a lawsuit in
Connecticut Superior Court against Sahara Networks Inc,
acquired by Cascade in January 1997, its three founders and 11
former General DataComm employees, 10 of whom were hired by
Sahara.
General DataComm said the suit alleges that Cascade raided
General DataComm employees with access to proprietary
information and put them to work on products in competition
with General DataComm.
Cascade said it intends to fight the lawsuit.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext