Innovative Food Holdings Inc (IVFH) has released an update.
Innovative Food Holdings, Inc. and its subsidiaries, igourmet and Food Innovations, Inc., reached a settlement on January 5, 2024, regarding a lawsuit filed in Philadelphia County’s Court of Common Pleas. The settlement, covered by the company’s insurance, was finalized with a settlement and release agreement received from certain plaintiffs on January 29, 2024.
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For a comprehensive understanding of the announcement, you can read the full document here.