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Form 8-K for EVER-GLORY INTERNATIONAL GROUP, INC.

Add: 2006   Update: 2009/03/21

Item 8.01. Other Events

After vigorously defending itself, the Company was voluntarily dismissed by the Plaintiff without prejudice from an action pending in the U.S. District Court for the Northern District of Ohio. The action was filed on February 22, 2006 by plaintiff Douglas G. Furth. The action alleged that the Company breached an agreement and sought an award of damages in excess of $75,000. The Company denied that it was a party to such an agreement, that it breached the agreement or that it is otherwise liable. No payment was made to plaintiff and no settlement agreement was entered into between the Company and plaintiff.

 

About International Group

 

 

International Group (OTC BB:EGLY.OB - News) is a U.S. publicly traded company engaged in international garment manufacturing for well known middle to high-grade casual, outer, and sportswear brands. The company's U.S. headquarters is based in Los Angeles, CA, although also owns a full subsidiary company, Nanjing Goldenway Garments Co. Ltd. located in China. has strategic marketing and logistics channels located in, Japan, Europe, and United States and has strategic business partners in countries including China, Europe and the U.S. The Company has long-term partnerships with many world-famous clothing companies and retailing chains. The company employs about 700 people.

 

 

 

For more information about International Group, please visit: http://www.everglorygroup.com.

 

 

Contact:

 

 

International Group

 

 

Ms. Sarah Liu

 

 

(626) 839.9116

 

 

info@everglorygroup.com

 

 

 

Source: International Group, Inc.

This press release contains certain "forward-looking statements," as defined in the United States Private Securities Litigation Reform Act of 1995, that involve a number of risks and uncertainties. There can be no assurance that such statements will prove to be accurate and the actual results and future events could differ materially from management's current expectations. Such factors are detailed from time to time in the Company's filings with the United States Securities and Exchange Commission and other regulatory authorities.

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