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Latest Comarco Inc. Stories

2014-05-19 08:22:19

$7.6 MILLION CASH PAYMENT RECAPITALIZES COMPANY LAKE FOREST, Calif., May 19, 2014 /PRNewswire/ -- Comarco, Inc. (OTC: CMRO.PK) (the "Company") today announced that on May 15, 2014, the Company executed a definitive settlement agreement (the "Agreement") ending its previously reported litigation with Chicony Power Technology, Co. Ltd ("Chicony"). The Agreement requires Chicony to pay Comarco a total of $7.6 million. The cash settlement amount is being paid in two installments of...

2014-02-05 08:36:08

LAKE FOREST, Calif., Feb. 5, 2014 /PRNewswire/ -- Comarco, Inc. (OTC:CMRO.PK) ("the Company") announced that on February 4, 2014, the jury returned a verdict in favor of the Company in its previously reported litigation with Chicony Power Technology, Co. Ltd ("Chicony") and awarded the Company damages of approximately $10.8 million, offset by previously accrued liabilities of $1.1 million for a net award to Comarco of approximately $9.7 million. Because the award is subject to entry...


Word of the Day
jument
  • A beast of burden; also, a beast in general.
'Jument' ultimately comes from the Latin 'jugum,' yoke.
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