The plaintiff in the purported shareholder class action lawsuit filed in October against Retalix has agreed to dismiss the case and not file a lawsuit on this matter in any U.S. federal or state court. The lawsuit was in connection with the strategic financing transaction signed by Retalix on September 3. Retalix has agreed not to seek costs in connection with the case but has not agreed to pay any consideration in connection with the case or its dismissal. The dismissal remains subject to court approval, which has not yet occurred. :theflyonthewall.com
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