EP MedSystems, Inc. v. EchoCath, Inc.

U.S. Court of Appeals, Third Circuit · Decided 2000-12-26

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OPINION OF THE COURT SLOVITER, Circuit Judge. EP MedSystems, Inc. appeals the dismissal with prejudice of its securities action against EchoCath, Inc. According to the complaint, the Chief Executive Officer of EchoCath enticed MedSystems into investing $1.4 million in EchoCath by assuring MedSystems that lengthy negotiations had already taken place with four promi…

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