Cross Country Healthcare, Inc.
Cross Country Healthcare Announces Favorable Adjustment to Fourth Quarter and Full-Year 2006 Net Income and EPS Pursuant to Final Approval of Settlement in California Lawsuit
Published in Pharma Law Weekly, March 27th, 2007
Pursuant to the final settlement of this matter, the participation rate was lower than previously estimated. As a result, the Company will favorably adjust its prior accrual for this legal settlement charge by approximately $2.1 million pre-tax, which equates to approximately $1.3 million after-tax or $0.04 per diluted share. Due to the timing of this final settlement, the...
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Source: Pharma Law Weekly (2007-03-27)
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