Factory mutual files suit accuses iGPS of fraud
Monday, 10 May 2010

Factory Mutual Insurance Company and FM Approvals LLC (FM) has filed suit against Intelligent Global Pooling Systems (iGPS) charging the company with false advertising, deceptive trade practices, fraud, and other violations. The core of the lawsuit is based on the fact that iGPS has at least three kinds of pallets in its pool yet it continues to promote its collection of pallets as identical.  FM, a global insurance company and prominent testing lab, warns in its suit that “Customers have relied on iGPS’ false statements in purchasing its services, in using its pallets, in establishing their safety measures and in acquiring insurance coverage.”