The Gerson Co. Inc., an Olathe-based distributor of home décor and gift products, is being sued by the former owner of a company it acquired called Garden Meadow Inc.
Sandy Cooper, the former owner, claims that Gerson failed to act in good faith with the ongoing financial terms of the deal. Cooper argues she is owed “contingent payments” worth 15 percent of gross profits from sales of “Garden Meadow company products” from July 16, 2016, to July 16, 2017. Cooper also argues that Gerson promised…
The Gerson Co. Inc., an Olathe-based distributor of home décor and gift products, is being sued by the former owner of a company it acquired called Garden Meadow Inc.
Sandy Cooper, the former owner, claims that Gerson failed to act in good faith with the ongoing financial terms of the deal. Cooper argues she is owed “contingent payments” worth 15 percent of gross profits from sales of “Garden Meadow company products” from July 16, 2016, to July 16, 2017. Cooper also argues that Gerson promised…