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FEI Files Suit to Collect $2.4M Debt

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HILLSBORO, Ore., April 7, 2010 — Scientific instruments provider FEI Co. announced it has filed suit in the United States District Court for the Eastern District of Virginia to collect approximately $2.4 million of receivables owed by Cambridge Global Systems of Chantilly, Va. The Virginia company, a subsidiary of Cambridge Systems Inc., purchased three systems from FEI on behalf of a US Federal agency and a prime contractor through a set-aside program. The systems were delivered to its end-user customers and payment was made from the government agency and its contractors to Cambridge Global Systems. FEI was never paid...Read full article

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    Published: April 2010
    AmericasBusinessCambridgeCambridge Global SystemsCambridge Systems Inc.contractorEastern District of Virginiaend-userFEIFEI Co.files suitOregonreceivablesscientific instrumentssuittransactionuncollectible receivablesUnited States District CourtUS Federal AgencyVirginia

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