TSR, Inc. (TSRI) Settles Litigation With Former CEO Christopher Hughes
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TSR Inc. Settles Litigation With Former CEO Christopher Hughes
October 5, 2021 5:00 PM EDTNEW YORK--(BUSINESS WIRE)-- TSR, Inc. (NASDAQ TSRI) announced today that it has settled litigation brought by its former CEO, Christopher Hughes, through mediation.
We believed it was in the best interests of the Company to resolve the matter so TSR could move forward with its business, said Bradley M. Tirpak, Chairman of TSR Inc. We were hopeful that mediation would lead to an agreement and are pleased that it has. The settlement eliminates the risk of costly litigation and allows us to focus on continuing to grow the Company.
We wish Mr. Hughes continued success in his... More
