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BREACH OF CONTRACT State pays $10.5M to firm over canceled contract RALEIGH, N.C. (AP) � The state of North Carolina will pay $10.5 million to a Texas company to settle litigation that began when the Department of Health and Human Services canceled a contract to overhaul its Medicaid system. The agreement ends a dispute with Affiliated Computer Services Inc., which in 2004 won a five-year, $171 million deal to modernize the state’s Medicaid billing system. Security system maker, GE unit settle for $15M HAWTHORNE, CALIF. (AP) � OSI Systems Inc., a maker of electronic products for security and health care uses, said it will get $15 million in the settlement of a lawsuit with GE Healthcare Finland Oy. The suit involves working capital adjustments and other matters related to OSI’s March 2004 acquisition of Spacelabs Medical from the General Electric Co. unit. EXPORT LAW Night-vision tool maker for military fined $100M ROANOKE, VA. (AP) � ITT Corp., a leading manufacturer of night-vision equipment for U.S. armed forces, has agreed to pay a $100 million penalty for illegally sending classified technology used in military operations to China and other countries. ITT pleaded guilty in a Virginia federal court to two felony charges: export of defense articles without a license and omission of statements of material facts in arms exports reports. ITT defense-related technical data were given to contractors in China, Singapore and the United Kingdom in order to cut costs, government investigators said. LEGAL PROFESSION Law firm to pay Conn. over failed Enron deal HARTFORD, CONN. (AP) � A quasi-public trash agency that lost $220 million in a deal with Enron Corp. has agreed to a $16.25 million settlement with Hartford-based law firm Murtha Cullina, which gave advice on the failed transaction. The deal between the Connecticut Resources Recovery Authority and Enron went into effect in March 2001 and called for Enron to buy power produced at CRRA’s trash-to-energy plant in Hartford and pay the agency nearly $2.4 million a month for more than 11 years. Under the agreement, CRRA transferred $220 million to Enron. Following its declaration of bankruptcy in December 2001, Enron stopped paying the CRRA. The state sued banks, accounting firms and other financial institutions over the Enron deal, claiming they contributed to the company’s fraud. MEDICAL MALPRACTICE Jury awards paraplegic $11.7M for failed surgery ATLANTA (AP) � A Georgia state jury has awarded $11.7 million to a teenager paralyzed from mistakes made during a 2003 surgery. Joshua Coleman, a 19-year-old Piedmont College student, underwent surgery to relieve chronic back pain, but the procedure paralyzed him from the waist down. He sued his spine surgeon, Dr. Stephen B. James, and a team of doctors at North Fulton Medical Center. A monitor was attached to Coleman’s head and feet to track nerve impulses along his spinal chord. The monitor’s alarm went off during surgery, but the screws and rods installed during surgery weren’t removed for six hours, leaving Coleman paralyzed. PATENTS $12.5M award over laser procedure infringement ANDOVER, MASS. (AP) � Diomed Holdings Inc., maker of treatments for vascular disorders, said that a Massachusetts federal jury has found that competitors AngioDynamics Inc. and Vascular Solutions Inc. had infringed on its patent for laser-treatment procedures. The company said the jury found both companies liable and awarded combined damages of just under $12.5 million. The companies have been in a legal tussle over Diomed’s laser treatment patent. Diomed sued AngioDynamics and other competitors in 2004 over the patents to its laser treatments. The company also said it will file for a permanent injunction to halt AngioDynamics and Vascular Solutions sales of the infringing products. REGULATORY ACTION FERC pays utility $44M to settle power unit clash NEW YORK (AP) � Pennsylvania utility owner PPL Corp. said that it would receive $44 million from a settlement agreement with federal regulators related to power units the company operates in Wallingford, Conn. PPL said the settlement relates to how four of the five units at the Wallingford facility are classified. Texas utility fined $210M for market manipulation DALLAS (AP) � State regulators recommended $210 million in fines against TXU Corp. after an investigation accused the state’s largest utility of manipulating the electric market to its own benefit. The alleged market abuse was observed between June and September of 2005, according to the Public Utility Commission. It wound up costing consumers $70 million and earned the utility $20 million in extra profits.

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