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Concurrent Computer Corporation Absolved of All Liability in Government Suit.


FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--Sept. 24, 1998-- Concurrent Computer Corporation This article or section is written like an .
Please help [ rewrite this article] from a neutral point of view.
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 (Nasdaq:CCUR CCUR Center for Crops Utilization Research ) today announced that on September 23, 1998, a jury in the United States District Court for the Eastern District of Virginia The United States District Court for the Eastern District of Virginia is one of two United States district courts serving the Commonwealth of Virginia. History
During the 1960s, Judge Albert V. Bryan Jr.
 found the company not liable under the False Claim Act in the law suit brought against them by the U.S. Department of Justice in December 1997.

The Government alleged that Concurrent Computer Corporation filed false and/or fraudulent claims in connection with the pricing of the Company's spare parts in 1991 under the Company's subcontract to Unisys Corporation as prime contractor for the U.S. Department of Commerce's Next Generation Weather Radar (NEXRAD NEXRAD Next Generation Weather Radar ) program.

"We are extremely pleased with the outcome. We always believed that Concurrent had done nothing wrong in our pricing activities", said E. Courtney Siegel, Concurrent's Chairman, President and Chief Executive Officer.

Concurrent Computer Corporation (NASDAQ:CCUR) (http://www.mediahawk.com), headquartered in Fort Lauderdale, Florida Fort Lauderdale, known as the "Venice of America" due to its expansive and intricate canal system, is a city in Broward County, Florida, United States. The city's population is described as metropolitan, where diverse culture is commonplace. According to 2006 U.S. , is a leading supplier in the emerging digital video server marketplace. This market includes the hospitality, residential, corporate training, and in-flight entertainment industries. Operating in 32 countries worldwide, Concurrent provides sales and support from offices throughout North America, South America, Europe, Asia, and Australia.
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Publication:Business Wire
Geographic Code:1USA
Date:Sep 24, 1998
Words:198
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