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Article: Orion HealthCorp Announces Settlement Agreement.
- Article from:
- Business Wire
- Article date:
- September 14, 2006
CopyrightCOPYRIGHT 2006 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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ATLANTA -- Orion HealthCorp, Inc. (AMEX: ONH) today announced that it, together with three of its shareholders, one of its directors and a former officer, who were also defendants, had entered into a settlement agreement (the "Agreement") regarding a previously disclosed lawsuit, Cause No. 2005-44326, which was filed in the 80th Judicial District Court of Harris County, Texas, on July 12, 2005, by American International Industries, Inc. By entering into the Agreement, neither Orion HealthCorp nor the other parties admitted guilt or wrongdoing of any kind. Under the terms of the Agreement, American International Industries, Inc. will receive $750,000, paid primarily by ...
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