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Medley Capital wins favorable MusclePharm settlement

Published 11/08/2016, 08:09 AM
Updated 11/08/2016, 08:09 AM
Medley Capital wins favorable MusclePharm settlement
  • Under the settlement, MusclePharm must pay Medley (NYSE:MCC) portfolio company Capstone Nutrition as undisclosed cash amount and other consideration, and MusclePharm will drop all claims against Medley and Capstone.
  • Capstone can use whatever it gets to help with its debt to Medley. The company initially filed a claim against MusclePharm in May for multiple contractual breaches.

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