TCP International Holdings Ltd. (NYSE: TCPI) ("TCP" or "the Company") today issued the following statement in response to the lawsuit recently filed by its General Counsel: 

A Technical Consumer Products, Inc (TCP) employee has filed a lawsuit against company CEO Ellis Yan for alleged business misconduct and aggressive behavior towards employees in Cuyahoga County Common Pleas Court, Ohio, U.S., according to several Cleveland media reports.

Intelligent LED lighting company Lighting Science Group Corporation announced today that Wayne Nesbit has been appointed Chief Operations Officer. Nesbit brings his proven global experience in manufacturing operations to lead the company’s expansion of its domestic and international manufacturing capabilities. Their state-of-the-art LED product assortment ranges from commercial and retail applications, to biologically correct lighting for home and work, as well as those that accelerate the growth of plants.

Veteran franchise executive, Marc Plaisted, joins LED Source® (www.LEDsource.com), the leading North American LED lighting solutions provider specializing in architectural, entertainment and retrofit applications, as Vice President of Franchise Operations, a newly created position.(www.linkedin.com/in/marcplaisted)

NVC Lighting recently announced a series of management changes. The company’s high ranking managers including founder and Chairman Wu Changjiang, Vice Presidents Wu Changyong, Mu Yu, Pei Jinhua, Yang Wenbiao and others have all resigned from company subsidiary boards. This has been the largest restructure tide since Mu left the board in May 2014. All high ranking officers will step down from 11 subsidiaries board positions after the recent adjustments