CTI faces shareholder lawsuits

AuntMinnie.com staff writers

May 14, 2002

Thermal breast imaging technology developer Computerized Thermal Imaging said today that a lawsuit has been filed in the U.S. District Court of Oregon alleging violations of U.S. securities laws.

Moreover, two additional lawsuits have been filed in the same court alleging substantially the same facts and violations, according to the Lake Oswego, UT-based vendor. CTI did not provide any information on the substance of the actions, but said that it believes the alleged violations are without merit, and that the company will vigorously defend itself.

By AuntMinnie.com staff writers
May 15, 2002
Related Reading

CTI to receive $22.5 million in financing, December 21, 2001

CTI begins in-house manufacturing, August 15, 2001

CTI signs on four distributors, August 9, 2001

CTI secures CE Mark, June 20, 2001

CTI submits final module of PMA application, June 18, 2001

Copyright © 2002 AuntMinnie.com

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