FORT LAUDERDALE, Fla. — Sunair Electronics announced today that as previously disclosed, in connection with the action brought against Donald Karnes and David Slott by The ServiceMaster Company, a hearing on an application for a permanent injunction was held August 17-18, 2005.
On August 18, 2005, the Court entered a permanent injunction enjoining Messrs. Karnes and Slott from joining the Company until November 16, 2009 in the lawn and pest control business. As a result, the Company does not anticipate granting the options to purchase shares of the Company's common stock to Messrs. Karnes and Slott in connection with their previously contemplated employment. Neither the Company nor any of its executive officers or directors were parties to the hearing and the Company does not expect any material adverse effect from this ruling.
Source: PRNewswire
Latest from Pest Control Technology
- TAP Showcases Unique EPA-Registered Insulation Solution
- Atticus' Growing Pest Management Product Portfolio
- Bobby Jenkins Named the 2025 Crown Lifetime Achievement Award Recipient
- Abell Pest Control Marks Five Years of ‘12 Days of Giving’
- Built-by-Owner Home? Look for Surprises
- The Pest Rangers Acquires O.C.E. Pest & Termite Control
- The Professional Pest Management Alliance Expands Investor Network
- Big Blue Bug Solutions’ Holiday Lighting Event Sets New Viewership Record
