March 21, 2018 / 12:15 PM / a month ago

BRIEF-Avinger To Settle Securities Class Actions For $5 Million

March 21 (Reuters) - Avinger Inc:

* AVINGER INC - ENTERED INTO BINDING MEMORANDUM OF UNDERSTANDING TO SETTLE SECURITIES CLASS ACTIONS PENDING AGAINST CO, SEVERAL OF OFFICERS & DIRECTORS​

* AVINGER INC SAYS SETTLEMENT IS FOR A TOTAL OF $5 MILLION - SEC FILING

* AVINGER INC - COMPANY'S TOTAL CONTRIBUTION TO SETTLEMENT FUND WILL BE $1.76 MILLION AND HAS BEEN ACCRUED AS OF Q4 OF 2017 Source: (bit.ly/2GNhB9i) Further company coverage:

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below