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IN BRIEF: Reach4Entertainment Confirms USD6.3 Million Suit Filed

Thu, 20th Aug 2020 18:07

Reach4Entertainment Enterprises PLC - theatrical, film and live entertainment advertising, marketing and display agency - Confirms subsidiary Spot & Co of Manhattan filed a suit on August 5 to recover at least USD6.3 million of money owed to SpotCo by a "client or that SpotCo's client owes to media outlets for which SpotCo does business". Reach4Entertainment noted the client filed a separate complaint against SpotCo last Friday which SpotCo, Reach4Entertainment said, will "vigorously defend".

Current stock price: 0.32 pence

Year-to-date change: down 67%

By Paul McGowan; paulmcgowan@alliancenews.com

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IN BRIEF: Reach4Entertainment Confirms USD6.3 Million Suit Filed

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