MILWAUKEE--(BUSINESS WIRE)--Merge Healthcare Incorporated (NASDAQ: MRGE)(TSX: MRG), today announced the execution of an agreement in principle with the plaintiff and other defendants in the derivative action against Merge Healthcare. The agreement provides for the settlement and release and dismissal of all claims asserted by plaintiff in the complaint, but the Company has not released any claims against its former officers. In exchange, Merge Healthcare has agreed to a one time cash payment of $250,000 for legal costs incurred by the plaintiff. In addition, the settlement documentation will reflect that Merge Healthcare and the other defendants continue to deny that they have committed or attempted to commit any violations of law or breached any duty owed to Merge Healthcare or its shareholders. The settlement is subject to, among other things, the drafting and execution of the settlement documents and the approval of the settlement by the court.
