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LAWSUITS NEWS & LEGAL INFORMATION

Spherix Inc.

This is a settlement for the Commercial lawsuit.

Beltsville, MD: The US Department of Agriculture filed charges against the provider of biotech and information technology services over contacts with the National Park Service and the Forest Service. Spherix agreed to a $6 million settlement. Under the terms of the settlement, Spherix's current national park reservation system will be phased out when ReserveAmerica can deploy its system to cover national parks, recreation areas, historical sites and other federal lands. (Oct-26-06) [HOUSTON CHRONICLE: SPHERIX CONTRACT]


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Published on Oct-30-06


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