Bioenvision's (BIVN) Former General Counsel Files Action in NY Supreme Court Against the Company

August 31, 2007 2:57 PM EDT

In Today's 8-K Filing From Bioenvision (Nasdaq: BIVN): On or about August 22, 2007, David P. Luci, Bioenvision, Inc.'s former General Counsel, filed an action in New York State Supreme Court, New York County purporting to assert claims against the Company, its Chief Financial Officer and certain current and former Directors of the Company. The Complaint purports to allege, among other things, that the Company breached contractual and other obligations allegedly owed to him in connection with the termination of his employment with the Company, and purports to demand damages, in the aggregate, of $108,400,000. The Company believes that the action is without merit and intends to mount a vigorous defense. The action is entitled David P. Luci v. Bioenvision, Inc., Joseph Cooper, Michael Kauffman, James Scibetta, Steven A. Elms, Andrew N. Schiff and Thomas Scott Nelson (Index No. 07/111478).


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