Tuesday, December 22, 2009

LifeVantage Reaches Settlement with Zrii

Source: San Diego Daily Transcript

"Lifevantage Corp. (OTC: LFVN) said that the company reached a settlement agreement with, among other parties, health products company Zrii LLC. Under the terms of this agreement, LifeVantage paid $400,000 to Zrii.

Zrii and its founder, William Farley, as well as the company and many individuals and entities associated with the company, agreed to mutual releases of claims. The settlement agreement also includes the parties' agreement to dismiss, with prejudice, litigation pending in California, Delaware and Utah that was instituted by Zrii early in 2009."

San Diego Daily Transcript : Source Link

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