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Sep27
Sigma-Aldrich Corp. Reached Settlement with Enzo

Sigma-Aldrich Corporation (Nasdaq: SIAL) and named subsidiaries has reached a settlement with Enzo Biochem, Inc. (NYSE: ENZ), Enzo Life Sciences, and Yale University .

The settlement between the parties and the stipulation and order of dismissal with prejudice of all claims and defenses brought or raised by any party in the action was approved by Judge John E. Sprizzo last week.

sigma-aldrich.bmpThe said settlement resolved all issues regarding the lawsuit filed on October 23, 2002 in the United States District Court for the Southern District of New York against Sigma-Aldrich.

However, the terms of settlement were not disclosed while the said settlement will not have a material adverse effect on the consolidated financial condition, results of operations, or liquidity of Sigma-Aldrich Corporation.

Read the full press release.

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