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QUAL-MED INC. AND FOUNDATION HEALTH CORP. SETTLE LITIGATION

 QUAL-MED INC. AND FOUNDATION HEALTH CORP. SETTLE LITIGATION
 PUEBLO, Colo. March 18 /PRNewswire/ -- Qual-Med Inc. (NASDAQ: QLMD) and Foundation Health Corp. (NYSE: FH) announced today that they have reached a settlement of the litigation arising out of Qual-Med's acquisition of health plans in Washington and Oregon formerly owned by Foundation Health. The settlement calls for payment by Foundation Health to Qual-Med and for dismissal of all litigation between Qual-Med and Foundation Health.
 -0- 3/19/92
 /CONTACT: E. Keith Hovland, executive VP-finance and administration of Qual-Med Inc., 719-542-0500; or Jeffrey L. Elder, senior VP and CFO of Foundation Health Corp., 916-631-5318/
 (QLMD FH) CO: Qual-Med Inc.; Foundation Health Corp. ST: Colorado IN: HEA SU:


EH-JL -- LA009 -- 9508 03/19/92 08:30 EST
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Publication:PR Newswire
Date:Mar 19, 1992
Words:123
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