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Utilicraft Founder Sues Freight Feeder Over Asset Sale

By Nick Malinowski (April 14, 2010, 2:58 PM EDT) -- The founder of Utilicraft Aerospace Industries Inc. has sued his employer, Freight Feeder Aircraft Corp., and its principals for securities fraud and breach of contract over the sale of Freight Feeder's assets, including intellectual property, to a new company run by the same board....

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