Court Dismisses Shareholder Lawsuit Against Authentidate (ADAT)
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Authentidate Holding Corp. (Nasdaq: ADAT) announced that the United States District Court for the Southern District of New York dismissed with prejudice shareholder class actions filed between June and August 2005 against the Company and certain current and former directors and former officers. The Company has no information as to whether plaintiffs intend to appeal this decision.
"We are pleased that the Court has dismissed this action in favor of Authentidate," stated Ben Benjamin, President of Authentidate Holding Corp. "Authentidate's Board of Directors and management team will continue to concentrate their time and resources on developing the Company's business."
Authentidate Holding Corp. is a provider of secure Health Information Exchange and workflow management services. [SM]
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Authentidate
Dave Oberhelman on Apr 8, 2009 07:03 PMHow does one find out who the plaintiffs were in the above class action? obie7@roadrunner.com