On June 13, 2000, U.S. District Judge J. S. Letts approved the settlement and the plan of allocation. The plaintiffs’ counsel was awarded attorney fees and reimbursement expenses in the amount of 25% of the settlement fund plus litigation expenses incurred in an aggregate amount of $309,859.33 with interest earned. The case is closed.

The complaint charges COHR with misleading investors with materially false information which overstated COHR's earnings in the Company's financial statements and misrepresented the Company's operations. Specifically, the Complaint alleges that the company was in violation of the Generally Accepted Accounting Procedures by recognizing revenue funds that were illegally diverted from the rebate accounts of its hospital clients. The Complaint further alleges that COHR was prematurely recognizing revenue for certain equipment and software sales which resulted in profits that were improperly inflated during the Class Period.