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News Breaks
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November 12, 2009
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| 13:38 EDT |  | GILT |
| theflyonthewall.com: | Gilat Satellite issues statement regarding lawsuit filed by Israeli shareholders | | Gilat Satellite Networks reported that a lawsuit was filed in the central district court in Israel by eight individuals and Israeli companies against the Company, all of its directors and its 20% shareholder, York Capital Management and its affiliates. Gilat and its outside legal counsel believe the claims are outlandish and completely without merit, and that the lawsuit is without basis. The Company intends to use all legal means necessary to protect and defend the Company and its directors. :theflyonthewall.com |
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