The Haus

Wednesday, April 5, 2000

Aureal Files for Chapter 11 -- 5:22 pm CST, Update by A.T. Hun

Avault is reporting that Aureal has filed for chapter 11 protection in the light of their miserable financial situation and the recent resignation of every major officer (story). According to the financial information given on Avault, it appears that their major downfall was legal expenses from the suits and countersuits with Creative Labs. Thanks Blue.

News for 04/05/2000

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