Merit, together with Fulton Capital, successfully exited its investment in E-conolight, LLC. Headquartered in Racine, Wisconsin, the Company was acquired by Ruud Lighting, a subsidiary of Cree, Inc.

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E-Conolight LLC, a seller of LED lighting fixtures, was sued on July 8 in California Superior Court for Los Angeles County over allegedly deceptive pricing practices. The lawsuit, brought by Pacific ...