$24M Deal To End Caris Merger Suit

Law360, Wilmington (June 23, 2016, 6:36 PM ET) -- CDx Holdings Inc. on Tuesday said it has agreed to pay $24 million to option holders of CDx’s predecessor company, Caris Life Sciences, to end a long-running merger class action that wound its way to the Delaware Supreme Court last week but still could have been revived over an alleged clerical error. In the proposed settlement, CDx, the company formed from the merger of Caris and Miraca, will pay $24 million to a class of option holders whose options were repurchased by Caris in 2011.

 

I bet DH is choking on that big bite of the turd sandwich.

 

DH hasn't written the check yet

 

Heads are rolling. Some VPs and SVPs have been fired already. More to come. Always blame somebody else, right David? It's the Trump/claim-to-be-a-billionaire way that DH has always followed. Karma is such a bitch, ain't it boys?? Hahahahahahahaaaaaaa. Fools. I wonder how long it took the Captain of the Titanic to realize reality -- his ship was sinking? But that's not DH's fault. No it's the head of sales, the head of HR, is it the head of R&D's fault yet? If not...it soon will be. Bwwaaahaaahaaa. That's the one that is really playing you for the big uneducated fool you are proving yourself to be again and again, DH. Quarter after quarter of big losses. R&D spending out of control for years with NOTHING to show for it. Way to erase the winning streak of years gone by. And way to show the world you were just lucky the first time. Do you see it yet, Captain?