CLASS ACTION STOCKHOLDER LITIGATION FILED AGAINST MAXUM HEALTH CORP.
DALLAS, May 24 /PRNewswire/ -- Maxum Health Corp. (NYSE: MXH) announced today that it had been named a defendant in a class action lawsuit filed in U.S. District Court for the Southern District of New York. The suit also names Maxum's directors and chief financial officer at the time of the initial public offering and its underwriters. The plaintiff, who purports to represent a class consisting of all buyer's of Maxum's common stock between September 19, 1991 and March 1, 1993, seeks damages in an unspecified amount. The company believes that it has meritorious defenses to the lawsuit, which it intends to defend vigorously. -0- 5/24/93 /CONTACT: Nancy J. Corday, chief operating officer of Maxum Health Corp., 214-716-6225/ (MXH)
CO: Maxum Health Corporation ST: Texas IN: HEA SU:
TM -- NY094 -- 1897 05/24/93 17:49 EDT
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|Date:||May 24, 1993|
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