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Greenland Corp Wins $3.9M vs. Financiers

Thursday, June 19, 2003 | 0

Professional Employer Organization operator, Greenland Corporation (OTC Bulletin Board: GRLC), announced yesterday that a judgment in the Superior Court of the State of California, County of San Diego, was entered on June 5, 2003, against defendants ISAAC CHANG, INTELLI-CORP, and INTELLIGROUP in the amount of $3,950,640.02. The judgment was comprised of an award of $2,950,640.02 for compensatory damages and an award of $1,000,000.00 for punitive damages. The Court found that Defendants acted maliciously and with the intent to defraud Plaintiff Greenland Corporation when they entered into a pri...

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