A lawsuit filed against Cunningham Motor Co. co-founders by fellow co-founder Briggs S. Cunningham puts a halt to further development and engineering of Cunningham’s C-7 ultra-luxury vehicle. Chairman and CEO John C. McCormack says the suit, also filed against certain company management, shareholders and professional advisors, has led Cunningham’s financial backers to withdraw monetary support for the C-7 until legal issues can be resolved. “Over the past three years, a tremendous number ...
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