LED Maker Hits Contractor With Suit Over False Promises

Law360, New York (May 2, 2013, 8:42 PM EDT) -- A Philadelphia-based lighting design company launched a lawsuit in New Jersey federal court alleging its business partner Laser Energetics Inc. falsely touted partnerships with major government contractors such as CACI International Inc. to secure an exclusive licensing agreement of its technology.

Light Pod Inc. and its owner Lothar Budike said New Jersey-based LEI and its CEO Robert Battis falsely represented in 2012 that CACI and other companies had plans to invest in Light Pod’s technology if it signed over rights to its proprietary light-emitting diode driver...
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