Published: March 02, 2006
H-Quotient Announces End of Litigation
H-Quotient, Inc., (OTC: HQNT) announced final
resolution of litigation that commenced on April 7, 2004. The Company was
sued for more than $10 million in the Rao et al v. H-Quotient matter. Today
all parties completed a settlement agreement that terminated all claims and
resulted in no award to any party.
President and CEO Douglas Cohn said, "The Company has always maintained
that this case was without merit, and today's result confirms that
assessment."
This announcement may contain, in addition to historical information,
certain forward-looking statements that involve risks and uncertainties.
Such statements reflect management's current views and are based on certain
assumptions. Actual results could differ materially from the assumptions
currently anticipated.
For more information visit the H-Quotient web site at and
the Standard Holdings Group web site at
http://www.standardholdingsgroup.com
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