Delcath Systems Inc (DCTH)

[Warchest]

How did DCTH pay that $8.5 mil lawsuit settlement (cash) from where ?? http://www.massdevice.com/delcath-to-settle-shareholder-suits-for-8-5m/

http://www.liquidclaims.com/delcath-systems-inc/

~~>>> alleged that Defendants failed to disclose certain details relating to the results of the clinical trials and the specifications of the Company New Drug Application (NDA). Specifically, Lead Plaintiffs claimed that Defendants failed to disclose that: (i) the Melblez Kit resulted in the deaths of 7% of patients treated versus zero deaths in the best alternative care (non-drug) group, (ii) nearly 24% of the patients treated with the Melblez Kit suffered from serious adverse events (SAE), and (iii) the Company refiled its NDA with a different filter without having performed clinical trials.