The lawsuit was filed in the District of Massachusetts on behalf of shareholders who purchased Cytyc stock between July 25, 2001, and June 25, 2002. The securities fraud class action lawsuit alleged the company mislead shareholders with financial expectations and did not disclose important facts about financial performance. A U.S. District Court judge has dismissed the lawsuit and plaintiffs will not appeal. (Apr-10-05)
[BOSTON BIZ JOURNAL]
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