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Case Status:    SETTLED
On or around 04/08/1999 (Date of order of final judgment)

Filing Date: January 05, 1998

According to the Final Order and Judgment, dated April 7, 1999, by U.S. District Judge Robert E. Keeton, the settlement was approved. Following the closure of the case on May 11, 1999, a settlement fund was disbursed to the class plaintiffs.

The action charges that Caprius, formerly known as Advanced NMR, made materially false and misleading statements and omitted from disclosure material facts about the Company's publicly reported revenues and sales projections. In particular, the Company materially overstated its revenues and the projected sales of its principal product, the Instascan System, in order to induce the board of directors and shareholders of Medical Diagnostics, Inc. ("MDI") to approve a merger agreement between the Company and MDI which was executed on May 2, 1995 (the "Merger").

COMPANY INFORMATION:

Sector: Healthcare
Industry: Medical Equipment & Supplies
Headquarters: United States

SECURITIES INFORMATION:

Ticker Symbol: CAPR
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: D. Massachusetts
DOCKET #: 98-CV-10002
JUDGE: Hon. Robert E. Keeton
DATE FILED: 01/05/1998
CLASS PERIOD START: 08/10/1994
CLASS PERIOD END: 12/12/1997
PLAINTIFF FIRMS NAMED IN COMPLAINT:
  1. Berman DeValerio Pease Tabacco Burt & Pucillo (MA)
    One Liberty Square, Berman DeValerio Pease Tabacco Burt & Pucillo (MA), MA 2109
    617.542.8300 617.230.0903 · info@bermanesq.com
No Document Title Filing Date
COURT: D. Massachusetts
DOCKET #: 98-CV-10002
JUDGE: Hon. Robert E. Keeton
DATE FILED: 06/23/1998
CLASS PERIOD START: 08/10/1994
CLASS PERIOD END: 12/12/1997
PLAINTIFF FIRMS NAMED IN COMPLAINT:
  1. Berman DeValerio Pease Tabacco Burt & Pucillo (MA)
    One Liberty Square, Berman DeValerio Pease Tabacco Burt & Pucillo (MA), MA 2109
    617.542.8300 617.230.0903 · info@bermanesq.com
No Document Title Filing Date