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Case Status:    SETTLED
On or around 12/19/1997 (Date of order of final judgment)

Filing Date: September 18, 1996

The final Judgment, issued pursuant to the Court's Order, was entered on December 16, 1997. The case was dismissed with prejudice after a settlement had been reached by the parties. The stipulation of the settlement was filed in court on October 1, 1997. A distribution of funds to the class was ordered, along with a monetary award to the class counsel to cover attorney's fees and expenses.

The original complaint charges Physician Reliance, certain of its officers and
directors, and Texas Oncology, P.A. ("TOPA") with violations of Sections 10(b)
and 20(a) of the Securities Exchange Act of 1934 and related state law by,
among other things, misrepresenting and/or omitting material information
concerning the Company's relationship with TOPA and its Medicare billing
practices. The complaint alleges that throughout the Class period defendants
engaged in a series of convoluted transactions between the Company and TOPA,
among others, and that these unusual transactions deceptively overstated the
Company's financial condition at all relevant times, in addition to violating
applicable laws relating to Medicare reimbursement. Further, the complaint alleges that by issuing a series of false and misleading statements, the price of
Physician Reliance stock was artificially inflated during the Class Period,
reaching a Class Period high of $27.25 per share (giving effect to a two-for-
one stock split during the Class Period), before collapsing to as low as $13.00
per share on July 29, 1996.

COMPANY INFORMATION:

Sector: Healthcare
Industry: Healthcare Facilities
Headquarters: United States

SECURITIES INFORMATION:

Ticker Symbol: USON
Company Market: NASDAQ
Market Status: Public (Listed)

About the Company & Securities Data


"Company" information provides the industry and sector classification and headquarters state for the primary company-defendant in the litigation. In general, "Securities" information provides the ticker symbol, market, and market status for the underlying securities at issue in the litigation.

In most cases, the primary company-defendant actually issued the securities that are the subject of the litigation, and the securities information and company information relate to the same entity. In a small subset of cases, however, the primary company-defendant is not the issuer (for example, cases against third party brokers/dealers), and the securities information and company information do not relate to the same entity.
COURT: N.D. Texas
DOCKET #: 96-CV-2628
JUDGE: Hon. Jane J Boyle
DATE FILED: 09/18/1996
CLASS PERIOD START: 02/12/1996
CLASS PERIOD END: 07/11/1996
PLAINTIFF FIRMS NAMED IN COMPLAINT:
  1. Kilgore & Kilgore
    3131 McKinney Ave., LB 103, Ste. 700, Kilgore & Kilgore , TX 75204-2471
    214.969.9090 214.953.0130 · dcm@kilgorelaw.com
  2. Milberg Weiss Bershad Hynes & Lerach LLP (San Diego, CA)
    600 West Broadway, 1800 One America Plaza, Milberg Weiss Bershad Hynes & Lerach LLP (San Diego, CA), CA 92101
    800.449.4900 · support@milberg.com
  3. Peter Fischbein, Esq.
    777 Terrace Avenue, Peter Fischbein, Esq., NJ 07604
    201.288.8220 201.288.8220 ·
  4. Schiffrin & Craig, Ltd.
    Three Bala Plaza East Suite 400, Schiffrin & Craig, Ltd., PA 19004
    610.667.7706 610.667.7056 ·
No Document Title Filing Date
COURT: N.D. Texas
DOCKET #: 96-CV-2628
JUDGE: Hon. Jane J Boyle
DATE FILED: 03/11/1997
CLASS PERIOD START: 02/12/1996
CLASS PERIOD END: 07/11/1996
PLAINTIFF FIRMS NAMED IN COMPLAINT:
  1. Kilgore & Kilgore
    3131 McKinney Ave., LB 103, Ste. 700, Kilgore & Kilgore , TX 75204-2471
    214.969.9090 214.953.0130 · dcm@kilgorelaw.com
  2. M. Clay Ragsdale (former)
    1929 Third Avenue North, Suite 550, M. Clay Ragsdale (former), AL 35203
    205.251.4775 205.251-4777 ·
  3. Milberg Weiss Bershad Hynes & Lerach LLP (San Diego, CA)
    600 West Broadway, 1800 One America Plaza, Milberg Weiss Bershad Hynes & Lerach LLP (San Diego, CA), CA 92101
    800.449.4900 · support@milberg.com
No Document Title Filing Date