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October 28, 2005

Innovative Files $200 Million Suit Against Rural Telephone Finance Cooperative and Officers-Directors as Individuals

ST. CROIX, U.S. Virgin Islands, Oct. 27 /PRNewswire/ -- Innovative Communication Corporation today filed a lawsuit for more than $200 million against the Rural Telephone Finance Cooperative of Herndon, Va., and two of its officers and directors as individuals. The suit accuses them of maliciously using the courts for improper purposes with an agenda of destroying one of its borrowers in good standing and current on all loan payment obligations.

More here.

Posted by afinta at October 28, 2005 02:38 PM

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