WayPoint Biomedical Holdings, Inc. Files Lawsuit Against The Depository Trust and Clearing Corporation (DTCC)

HUNTINGTON BEACH, CA--(MARKET WIRE)--Jun 25, 2007 -- WayPoint Biomedical Holdings, Inc. (Other OTC:WYPH.PK - News) has filed a lawsuit against New York-based The Depository Trust and Clearing Corporation (DTCC) and its subsidiaries. The lawsuit claims damages as a result of DTCC’s refusal to comply with a subpoena request for documents that are needed by WayPoint in order to track trades in the company’s shares by certain individuals and companies who have been named by WayPoint as defendants in a pending action in the Los Angeles Superior Court.

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