CTI class action dismissed
This article was originally published in The Gray Sheet
Executive Summary
Portland, Ore. federal court dismisses class action against Computerized Thermal Imaging. The 2002 suit alleged misrepresentations about the status of a pending PMA for the BCS2100 breast cancer detection system by CTI and former President and COO David Packer (1"The Gray Sheet" June 24, 2002, p. 20). The court ruled that the statements "were either not material, not misleading, or not plead...with sufficient particularity," CTI says...