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Non-Tech : Auric Goldfinger's Short List -- Ignore unavailable to you. Want to Upgrade?

To: Impristine who wrote (1050)	12/30/1998 12:46:00 AM
From: Tim Luke	Read Replies (1) \| Respond to of 19428

Wednesday December 30, 12:17 am Eastern Time ADAC named in shareholder lawsuit NEW YORK, Dec 29 (Reuters) - ADAC Laboratories has been named in a shareholder lawsuit for alleged violations of U.S. securities regulations, the shareholder's law firm said in a statement on Tuesday. The lawsuit alleged the medical imaging and healthcare information systems provider made false and misleading statements concerning its financial results, artificially inflating its stock's price. The shareholder filed the lawsuit, seeking class action status for the persons who purchased ADAC stock between Jan 10, 1996 and December 28, 1998, in the U.S. District Court for the Northern District of California. ADAC stock traded in a range of 30- and 15- during the proposed class action period. The stock fell 5- to 21- on the Nasdaq Stock Market on Tuesday after the company said it would restate past financial results. Officials at the company were not immediately available to comment on the lawsuit. The shareholder seeks damages and is represented by the law firm of Wolf Popper LLP