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NewsForge: SEC Filing Reveals Lindows Sued Xandros

May 10, 2004, 15:30 (4 Talkback[s])
(Other stories by Jason Prince)

"Buried in recently published financial documents is the news that Lindows, Inc., has been engaged in a lawsuit with rival and one-time partner Xandros, Inc. since the middle of December 2002. Lindows claims that Xandros failed to repay a $750,000 loan, and that the company and other defendants engaged in fraud and criminal misrepresentation during the negotiations leading up to Lindows' investment in Xandros.

"The information came to light when, on April 20, Lindows, Inc. filed a registration statement with the U.S. Securities and Exchange Commission for an initial public offering (IPO) of common stock..."

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