Court Grants Motion to Dismiss Class-Action Complaint Against NDCHealth
28 Juillet 2005 - 7:00PM
PR Newswire (US)
Court Grants Motion to Dismiss Class-Action Complaint Against
NDCHealth ATLANTA, July 28 /PRNewswire-FirstCall/ -- NDCHealth
Corporation (NYSE:NDC), a leading provider of healthcare technology
and information solutions, today announced that the United States
District Court for the Northern District of Georgia granted the
company's Motion to Dismiss the securities class-action complaint
naming NDCHealth Corporation and certain of its officers and
advisors as defendants. The complaint was originally filed on April
7, 2004. NDCHealth's motion to dismiss the second amended complaint
was filed on October 13, 2004, and that motion was granted
yesterday by order of the Honorable William S. Duffey Jr., United
States District Court Judge for the Northern District of Georgia.
The plaintiffs have 30 days from the entry of the order within
which they may file a third amended complaint. About NDCHealth
NDCHealth is a leading information solutions company serving all
sectors of healthcare. Its network solutions have long been among
the nation's leading, automating the exchange of information among
pharmacies, payers, hospitals and physicians. Its systems and
information management solutions help improve operational
efficiencies and business decision making for providers, retail
pharmacy and pharmaceutical manufacturers. Headquartered at
Atlanta, Ga., NDCHealth provides information vital to the delivery
of healthcare every day. For more information, visit
http://www.ndchealth.com/. DATASOURCE: NDCHealth Corporation
CONTACT: Robert Borchert, VP, Investor Relations of NDCHealth
Corporation, +1-404-728-2906, or Web site:
http://www.ndchealth.com/
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