.
Google

                       

Merge Healthcare Inc. Lawsuit


$16 million settlement reached in consolidated securities class action lawsuit.


Merge Healthcare Inc. Settles Securities Lawsuit

Milwaukee, WI: (May-26-08) A consolidated securities class action lawsuit was brought against Merge Healthcare Inc., a maker of medical imaging software. In a recent announcement, company spokespersons said that the company had reached a settlement in the dispute, in which it has raised $20 million from a private investor and resolved the class action suit. Company officials stated that Merge is raising the money through the sale of a $15 million note and 14.3 million shares at 35 cents each to Merrick RIS. After costs, the private placement will raise proceeds of $16.6 million. Records indicate that the suit has been settled with a $16 million payout. Under the terms of the deal, of the settlement amount, Merger will pay $3,025,000 and its insurance carriers the rest. The settlement is subject to closing its financing with Merrick.

Merge Healthcare Inc. in the News

[JS ONLINE: MERGE HEALTHCARE SETTLEMENT]
Search for: Merge raises $20 million, settles lawsuit

Legal Help

If you have a similar problem and would like to be contacted by a lawyer at no cost or obligation, please click the link below.
Related Law Suits

Merge Healthcare Inc. Law Suit and Settlement

Skilled Healthcare Group, Inc Law Suit and Settlement

Allscripts-Misys Healthcare Solutions Law Suit and Settlement

Preliminary $7.1 Million Settlement Reached in Afexa Class Action Law Suit and Settlement

Bristol-Myers Gets Preliminary Approval of $125 MillionPlavix Settlement Law Suit and Settlement

$11,250,000 Settlement Proposed in Amkor Class Action Law Suit and Settlement

Cbeyond Reaches Prelminary Settlement of $2.3 Million Law Suit and Settlement

UnitedHealth Reaches $925 Million Settlement Law Suit and Settlement

Securities Settlement Law Suit and Settlement

Shareholder Settlement Law Suit and Settlement

See more stories from this source.



Class Action Law Suits

Newsworthy Law Suits
Defective Products Lawsuits
Discrimination Lawsuits
Drug & Medical Claims Lawsuits
Food & Dietary Supplement Lawsuits
Insurance Lawsuits
Malpractice Lawsuits
Personal Injury Lawsuits
Real Estate Lawsuits
Investment Fraud Lawsuits


Related Law Articles

is===1
Related Law Questions

Related Law Bulletins

Lawyers! Become an Approved Expert to Answer Questions.
US Law
#1 Online Legal Resource













Your Blog Subscriptions
Subscribe to blogs

10,000+ Law Job Listings
Lawyer . Police . Paralegal . Etc
Earn a law-related degree


Practice Area
Zip Code:

Contact a Lawyer Now!











is===1


1.1598 secs