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Biotech / Medical : ACADIA Pharmaceuticals Inc (ACAD)
ACAD 21.82-2.4%Nov 4 3:59 PM EST
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To: Steve Lokness who wrote (337)9/12/2006 10:49:48 PM
From: dr.praveen  Read Replies (1) of 588
 
"To fully settle the litigation inclusive of all fees and costs, pursuant to the agreement, ACADIA will make aggregate payments of $5.15 million, of which approximately $2.4 million will be covered by ACADIA's employment practices liability insurance"

Acadia is only paying 2.75M$ from it's pocket acc to the PR. I think 9M$ is the amount they set aside for the case prior to this.
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