Visit our new Alternative Investment section.Click here

Less Ads, More Data, More Tools Register for FREE

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

Copyright 2020 Alliance News Limited. All Rights Reserved.


Shares in this article

Related News

Reach4Entertainment Shareholders Approve AIM Cancellation
21 Aug 2020

Reach4Entertainment Shareholders Approve AIM Cancellation

Reach4Entertainment Shareholders Approve AIM Cancellation

UK DIRECTOR DEALINGS SUMMARY: AJ Bell Chiefs Sell GBP8.5 Million Worth
18 Aug 2020

UK DIRECTOR DEALINGS SUMMARY: AJ Bell Chiefs Sell GBP8.5 Million Worth

UK DIRECTOR DEALINGS SUMMARY: AJ Bell Chiefs Sell GBP8.5 Million Worth

Zotefoams Plc + 4 more shares
DIRECTOR DEALINGS: Reach4Entertainment CEO Boyan Ups Stake To 18.7%
14 Aug 2020

DIRECTOR DEALINGS: Reach4Entertainment CEO Boyan Ups Stake To 18.7%

DIRECTOR DEALINGS: Reach4Entertainment CEO Boyan Ups Stake To 18.7%