Inc. (NASDAQ:INCR) Files An 8-K Other Events

ME Staff 8-k
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Inc. (NASDAQ:INCR) Files An 8-K Other Events
Item 8.01 Other Events.

As previously reported, the Circuit Court for Baltimore City, Maryland issued an order on March 17, 2017 (the “Order”) granting Monogram Residential Trust, Inc.’s (the “Company’s”) motion for summary judgment regarding the terms of the Company’s cancelled Series A Preferred Stock held by Behringer Harvard Multifamily Advisors I, LLC and its affiliates (“Behringer”), the Company’s former external advisor. On April 19, 2017, the 30-day period for Behringer to appeal the Order expired. In addition, the Company and Behringer filed a Joint Motion to Dismiss with Prejudice the matter filed by Behringer in the District Court of Dallas County, Texas, regarding the same dispute, which motion was granted by the court on April 10, 2017. As a result, there is no longer any pending litigation or appeal rights between the parties.

 


About Inc. (NASDAQ:INCR)

INC Research Holdings, Inc. is a global contract research organization (CRO). The Company is focused on Phase I to Phase IV clinical development services for the biopharmaceutical and medical device industries. The Company operates through two segments: Clinical Development Services and Phase I Services. The Company’s Clinical Development Services segment offers all clinical development services, including full-service global studies, as well as ancillary services, such as clinical monitoring, investigator recruitment, patient recruitment, data management, study reports to assist customers with their drug development process, quality assurance audits and specialized consulting services. The Company’s Phase I Services segment focuses on clinical development services for Phase I trials, which include scientific exploratory medicine, first-in-human studies through proof-of-concept stages and support for Phase I studies in established compounds.

Inc. (NASDAQ:INCR) Recent Trading Information

Inc. (NASDAQ:INCR) closed its last trading session up +0.75 at 44.15 with 668,613 shares trading hands.