“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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