Shareholders filed a class action lawsuit against the company for securities fraud. Vaso has agreed to put $1.1 million into escrow for the benefit of the class and $750,000 subordinated callable notes convertible at $1.75 per share. The class includes those who publicly traded Vaso Active securities between December 11, 2003, and March 31, 2004. (Jun-03-05)
[MASS HIGH TECH]
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