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STOCKHOLDER FILES SUIT AGAINST MAXUM HEALTH CORP. AND MEMBERS OF MANAGEMENT

 DALLAS, June 16 /PRNewswire/ -- Maxum Health Corp. (AMEX: MXH) announced today that it and members of its management had been named defendants in additional litigation filed in U.S. District Court for the Southern District of New York. Also named as defendants are the underwriting firms that led Maxum's initial public offering in September, 1991. The suit is very similar to one announced by Maxum on May 24.
 The plaintiff, who seeks to represent a purported class of plaintiffs who acquired Maxum common stock, alleges misstatements and omissions were made by Maxum in connection with its initial public offering and in subsequent public disclosures from September 19, 1991 until March 1, 1993, when Maxum announced that it would write down assets and establish reserves relating to the restructuring of its mobile MRI business. The plaintiff seeks damages in an unspecified amount.
 Maxum is not yet required to file its answer in the proceeding. In addition, no discovery has been completed to date. Based upon its present understanding of the law and facts, the company believes that the plaintiff's claims are wholly without merit and intends to vigorously defend the suit.
 -0- 6/16/93
 /CONTACT: Glenn P. Cato, senior vice president and chief financial officer of Maxum Health Corp., 214-716-6254/
 (MXH)


CO: Maxum Health Corp. ST: Texas IN: HEA SU:

TM-MG -- NY071 -- 2781 06/16/93 17:01 EDT
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Publication:PR Newswire
Date:Jun 16, 1993
Words:229
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