EXTON, Pa., Sept. 14 /PRNewswire-FirstCall/ -- Isolagen, Inc. (Amex: ILE - News) announced today that state courts in both Pennsylvania and Texas dismissed derivative suits filed against Isolagen and certain of its current and former officers and directors. In the Pennsylvania state derivative action, William Thomas Fordyce v. Frank M. DeLape, et al, C.A. No. GD-05-08432, in the Court of Common Pleas of Chester County, Pennsylvania, Isolagen’s motion to dismiss was granted by the Court and the complaint was dismissed with prejudice on August 31, 2006. In the Texas state derivative action, Carmine Vitale v. Frank DeLape, et al, Case No. 2005-61840, in the 55th Judicial District Court of Harris County, Texas, Isolagen’s special exceptions were upheld by the Court and the complaint was dismissed on September 6, 2006.
