Shareholders of Host America Corp. have approved the sale of the company’s foodservice operations in order to concentrate on the energy conservation management business. The announcement follows the settlement of a class action lawsuit stemming from a 2005 stock manipulation incident for which the company agreed to pay $2.4 million. Host America, which will changes its name to EnerLume Energy Management Corp., received $3.7 million for the two divested units: Host America Corporate Dining, a ...
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