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Stock Market & Financial Investment News

News Breaks
May 14, 2014
08:29 EDTSUMRSummer Infant upgraded to Buy from Neutral at Roth Capital
News For SUMR From The Last 14 Days
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July 6, 2015
19:41 EDTSUMRSummer Infant's Bramson resigns after accusations of stealing company secrets
In a regulatory filing earlier, Summer Infant reported that after the company filed a lawsuit against boardmember Carol Bramson, former global sales and marketing president Kenneth Price, and former product development SVP Annamaria Dooley, Bramson has resigned from the company's board of directors. The lawsuit alleges that the former employees violated contractual obligations by conspiring together and with technology firm Rest Devices to "intentionally steal" Summerís confidential and proprietary information, intellectual property, trade secrets, and business, branding and marketing strategies and exploit it for their own use to form a new startup company to directly compete with Summer.

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