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Press Release Source: CombiMatrix Corporation
Federal Court Enters Judgment in Favor of CombiMatrix and Awards $32.1 Million
Friday March 7, 6:00 am ET
MUKILTEO, Wash., March 7, 2008 (PRIME NEWSWIRE) -- The United States District Court for the Central District of California issued a Judgment on March 6, 2008 in favor of CombiMatrix Corporation (NasdaqGM:CBMX - News). The Judgment awards $32.1 million to CombiMatrix to be paid by National Union Fire Ins. Co. of Pittsburgh PA, a member company of American International Group (AIG). In accordance with the Judgment, CombiMatrix will now seek to recover attorneys' fees and costs incurred in this litigation.
CombiMatrix is represented in this litigation by Richard B. Specter of Corbett, Steelman & Specter in Irvine, California.
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