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Home News

Hanger Announces Dismissal of Class Action Complaints

by The O&P EDGE
April 24, 2007
in News
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Hanger Orthopedic Group Inc., Bethesda, Maryland, confirmed
April 24 that on March 16, 2007, the United States District Court
for the District of Maryland Southern Division granted Hanger’s
motion to dismiss with prejudice the consolidated class action
complaints previously brought against it and certain of its
directors and officers, and that the 30-day period permitted for an
appeal or motion for reconsideration had passed without the filing
of any appeal or motion. The consolidated class action complaints
by Twist Partners and other plaintiffs alleged securities law
violations primarily related to alleged billing improprieties at
one of Hanger’s patient-care facilities.

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