February 9, 2009

MEDIDATA SOLUTIONS: Labor Court Awards $100T to Former Employee

COMPANIES: MDSOL Europe Ltd | Medidata Solutions Inc
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The Belgian Labor Court awarded about US$100,000 to a former employee of MDSOL Europe Limited, in connection with the termination of her employment on November 30, 2006.

The plaintiff initially sought US$1.4 million.

At September 30, 2008, the Company accrued about US$700,000…

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