Court Approves Settlement of Y2K Class Action Against Medical Manager Corporation According to Bernstein Litowitz Berger & Grossmann LLP and Sherman, Silverstein, Kohl, Rose & Podolsky:.NEW YORK--(BUSINESS WIRE)--March 18, 1999-- The following is an announcement issued by the law firms This list of the world's largest law firms by revenue is taken from The Lawyer and The American Lawyer and is ordered by 2006 revenue:[1]
Bernstein Litowitz Berger & Grossmann LLP LLP - Lower Layer Protocol and Sherman, Silverstein, Kohl kohl n. A cosmetic preparation, such as powdered antimony sulfide, used especially in the Middle East to darken the rims of the eyelids. [Arabic ku , Rose & Podolsky: The Settlement on the Year 2000 class action lawsuit class action lawsuit A lawsuit in which one party or a limited number of parties sue on behalf of a larger group to which the parties belong. For example, investors may bring a class action lawsuit against a brokerage firm that has actively promoted a tax filed against Medical Manager Corporation was formally approved by Magistrate Any individual who has the power of a public civil officer or inferior judicial officer, such as a Justice of the Peace. The various state judicial systems provide for judicial officers who are often called magistrates, justices of the peace, or police justices. Judge Joel Rosen of the United States District Court for the District of New Jersey The United States District Court for the District of New Jersey is the Federal district court whose jurisdiction is the state of New Jersey. It was established in 1789. New Jersey is the largest state by population to only have one District Court. The Honorable Garrett E. at a settlement hearing held on March 15, 1999. The Magistrate Judge also certified See certification. a Settlement Class, which includes all persons or entities who purchased or obtained Versions 7 and 8 of The Medical Manager software, or private label versions of such software, and purchased an upgrade from such software to Version 9 on or before December 16, 1998. Plaintiffs are represented by the firms of Bernstein Litowitz Berger & Grossmann LLP and Sherman, Silverstein, Kohl, Rose & Podolsky. Under the terms of the Settlement, the Company will provide Version 8.l2, an upgraded version of its Version 8.11 software, containing a "Y2K See Y2K problem and Y2K compliant. Y2K - Year 2000 patch." Medical Manager has represented, to the best of its knowledge, that Version 8.12 will operate in the same manner as Version 8.11, but will recognize and process dates after December 31, 1999 and generate a four-digit year field for purposes of paper and electronic billing Electronic billing is the electronic delivery and presentation of financial statements, bills, invoices, and related information sent by a company to its customers. Electronic billing is also referred to as the following:
"This Settlement provides significant benefits to the members of the Settlement Class," said Jeffrey A. Klafter, a partner with Bernstein Litowitz Berger & Grossmann LLP. "Every user of Version 7 or 8 can continue to use the software after the end of this century without having to pay the substantial costs involved in purchasing Version 9. Users who already upgraded to Version 9 will receive partial compensation from the Company. These benefits are estimated to exceed $46 million." "We are delighted with this Settlement," said Harris Pogust, a partner at Sherman, Silverstein, Kohl, Rose & Podolsky. "Physicians can now concentrate on providing the highest quality health care to their patients instead of fighting off companies which are attempting to profit from the imminent coming of the Year 2000." The Medical Manager is an integrated physicians' practice management system encompassing patient care, clinical, financial and management applications. The software is used by solo practitioners, management service organizations, physicians' practice management organizations, managed care organizations and other providers of health care services. The complaint alleged that Medical Manager violated vi·o·late tr.v. vi·o·lat·ed, vi·o·lat·ing, vi·o·lates 1. To break or disregard (a law or promise, for example). 2. To assault (a person) sexually. 3. various state consumer protection or unfair trade practice laws and breached implied and express warranties by marketing non-Year 2000 compliant versions of The Medical Manager and by failing to remedy this alleged defect without charge. Bernstein Litowitz Berger & Grossmann LLP prosecutes complex class actions, nationwide, on behalf of individuals and investors in the securities fraud and consumer fraud areas, as well as major employment discrimination cases. The firm has established a Year 2000 Practice Group under the direction of Jeffrey A. Klafter and Seth R. Lesser, and is currently litigating several other Year 2000 cases. Sherman, Silverstein, Kohl, Rose & Podolsky is a New Jersey firm which handles litigation An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute. When a person begins a civil lawsuit, the person enters into a process called litigation. in federal and state courts, including complex class actions and other litigation involving consumer fraud. The firm also represents in excess of 1,000 physicians throughout New Jersey, Pennsylvania and Delaware. The firm has established a Year 2000 Practice Group under the direction of Harris L. Pogust and Allan C. Milstein. In addition to litigating Year 2000 cases, Sherman Silverstein counsels its clients in ways to avoid Year 2000 liability. For more information about the Medical Manager lawsuit lawsuit: see procedure; tort. or other Year 2000 litigation issues, you may call Jeffrey A. Klafter or Seth R. Lesser, partners at Bernstein Litowitz Berger & Grossmann LLP at 212/554-1400 or toll-free at 800/380-8496 or visit the firm's web site at www.blbglaw.com. Harris L. Pogust, a partner at Sherman, Silverstein, Kohl, Rose & Podolsky may be reached at (609)662-0700 or at the firm's web site at www.sskrplaw.com. |
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