Sonus to settle class-action lawsuit

AuntMinnie.com staff writers
Jul 30, 2000

Ultrasound contrast agent developer Sonus Pharmaceuticals announced today that it has entered into a memorandum of understanding with plaintiffs to settle all claims in the securities class-action lawsuit pending against the firm in federal court in Seattle. The settlement, to be funded by the Bothell, WA-based firm’s insurance carrier, is subject to approval by the court and the shareholder class.

By AuntMinnie.com staff writers
July 31, 2000

Related Reading

Sonus reports profitable Q2 despite revenue shortfall, July 13, 2000.

FDA accepts Sonus response to EchoGen action letter, May 24, 2000.

Sonus takes over EchoGen rights, April 5, 2000.

Sonus gets another FDA action letter, March 14, 2000.

Sonus revises contrast deal with Abbott, February 17, 2000.

Nycomed payment buoys Sonus results, January 31, 2000.

Copyright © 2000 AuntMinnie.com

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