Law & Health Weekly
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CardioNet, Inc.
CardioNet, Inc. Announces Amicable Resolution of Litigation
June 7th, 2008
CardioNet, Inc. (NASDAQ:BEAT) announced that LifeWatch Corp. and CardioNet have entered into a settlement agreement pursuant to which the parties have amicably agreed to resolve the lawsuit between them, with dismissal by both sides of all claims pending in the lawsuit. Terms of the agreement are confidential. Arie Cohen, President and Chief Executive Officer, commented: "We are pleased to have this behind us, and we look forward to continuing the strong momentum we have achieved in recent quarters." About CardioNet CardioNet, Inc. is the leading provider of ambulatory, continuous, real-time outpatient management solutions for...
Source: Law & Health Weekly (2008-06-07)
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