Law360, New York (September 08, 2011, 12:53 PM ET) -- An Illinois federal judge on Wednesday allowed Merge Healthcare Inc. to walk away from a suit brought by an insurer to avoid footing the entire $3.17 million award in securities litigation against a company Merge recently acquired, leaving its new subsidiary as the sole defendant.
In its federal court suit against Merge and its subsidiary Merge Healthcare Solutions Inc. — formerly known as Amicas Inc. — Carolina Casualty Insurance Co. contends that it only owes about $652,700 of a nonmultiplied portion of attorneys' fees, costs and...
Merge Healthcare Exits Coverage Fight Over $3M Award
To view the full article, take a free trial now.
