BARD SETTLES LAWSUIT - TO TAKE FOURTH QUARTER CHARGE.MURRAY HILL Murray Hill may refer to one of the following places:
The amount of a mutual fund's dividend or capital gains distributions that a shareholder will receive for each share owned. for the settlement of a lawsuit and for legal and related expenses. The special charge will cover the settlement of a 1992 lawsuit by the inventor of an atherectomy device which Bard is developing. The charge will also include a provision for the anticipated future legal costs associated with the ongoing criminal prosecution of the six individuals indicted INDICTED, practice. When a man is accused by a bill of indictment preferred by a grand jury, he is said to be indicted. as a result of the Justice Department's prior investigation into Bard's USCI USCI United States Colored Infantry USCI University College Sedaya International USCI United States Computers, Incorporated division, and for USCI's remaining costs associated with this matter. On October 14, 1993, the Company entered into a plea agreement resolving its portion of this matter, but the trial of the individuals has not yet been scheduled. Bard reported earnings of $68.9 million or $1.33 per share for the nine months ended September 30, 1994. The Company expects to report its fourth quarter and full year 1994 results on January 26, 1995. C. R. Bard C. R. Bard, Inc. (NYSE: BCR) is one of the large S&P 500 companies of the United States, a surgical specialties and hospital medical device manufacturer in Murray Hill, New Jersey. It is named after its founder, who sold the company within only a few years of its founding. , Inc., headquartered in Murray Hill, NJ, is a leading multinational developer, manufacturer and marketer of health care products. CONTACT: C.R. Bard, Inc. E. L. Parker, 908/277-8059 |
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