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Technology Stocks : TEAL

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To: Alan Edgett who wrote (153)7/1/1998 9:26:00 PM
From: Tom Hua  Read Replies (1) of 160
 
Edge, I check in occasionally, still have some shares of this company. BTW, did you see this?

Friday June 26, 1:49 pm Eastern Time

TriTeal settles class action suit

CARLSBAD, Calif., June 26 (Reuters) - TriTeal Corp (TEAL - news) on Friday said it has signed a
memorandum of understanding settling its outstanding class action securities suit against the company
for $11.5 million.

Of the total payment, $9.5 million will be paid by the company and $2.0 million by its insurance provider.

Plaintiffs have agreed to dismiss with prejudice all claims against the company, certain current and
former officers and directors, the company said in a statement.
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