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Article: Elbit Medical Imaging Ltd. Announces Approval of a Settlement Agreement In Class Action Claim.
- Article from:
- PR Newswire
- Article date:
- January 9, 2002
CopyrightCOPYRIGHT 2002 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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TEL AVIV, Israel -- Elbit Medical Imaging Ltd. ("EMI" or the "Company") today announced that, further to its announcement on March 19, 2001, the Tel-Aviv district court approved on November 15, 2001, a settlement agreement signed by the parties in civil claim no. 001280/99 presented by Abraham Rotenberg and Haim Duvshani (the "plaintiffs") against the Company, Elbit Ltd. ("Elbit"), Elron Electronic Industries Ltd. and Mr. Emmanuel Gill (collectively, the "defendants"). The settlement agreement provides for the approval of the claim against the Company and the dismissal thereof against all other defendants. The claim was recognized as a class action on behalf of those ...
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