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Article: BSD, Clini-Therm announce litigation settlement.
- Article from:
- PR Newswire
- Article date:
- July 23, 1987
CopyrightCOPYRIGHT 1987 PR Newswire Association LLC. 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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BSD, CLINI-THERM ANNOUNCE LITIGATION SETTLEMENT
DALLAS, July 23 /PRNewswire/ -- BSD Medical Corp. (NASDAQ: BSDM) and Clini-Therm Corp. (NASDAQ: CLIN, PSE: CLI) today announced jointly that all litigation pending between the two companies has been settled. BSD and Clini-Therm are the two leading companies in hyperthermia (the heat treatment of cancer).
Under terms of the settlement: (1) Clini-Therm will drop its suit in Texas state court seeking
to bar Victor A. Vaguine from employment as president and
chief executive officer of BSD. The agreed judgment
prohibits Vaguine from working in any technical capacity on