Lighting Science Group Announces Developments in Litigation with Philips Electronics

Lighting Science Group Announces Developments in Litigation with Philips Electronics NEW YORK, Oct. 2 /PRNewswire-FirstCall/ -- Lighting Science Group Corporation (OTC Bulletin Board: LSCG) (LSG), a developer and integrator of intelligent LED lighting solutions, today announced in conjunction with its annual shareholders' meeting, that there have been further developments in its on-going dispute with Philips Solid State Lighting Solutions, Inc., Koninklijke Philips Electronics N.V. and Philips Electronics North America Corporation (collectively "Philips"). On September 4, 2008, in response to LSG's motion for a preliminary injunction to prevent Philips from further harming LSG, the court issued a ruling in LSG's favor. In reaching its decision, the court indicated that LSG is likely to prevail on the merits of its case and... [read full story]