A Diagnostics & Imaging Week

Paradigm Medical Industries (Salt Lake City), which makes glaucoma diagnostics, reported it has settled the last of its currently active lawsuits against it. The company disclosed it had reached an out-of-court settlement with Larry Hicks, a former consultant. Terms were not disclosed.

In 2006, Paradigm resolved two suits filed by former employees via summary judgments in favor of Paradigm. The company also resolved several class-action suits out of court in 2005. All of these lawsuits, including Hicks and the class action suits, were filed in 2003.

“We can now fully concentrate on our core business of developing, manufacturing and marketing of diagnostic glaucoma equipment that we provide to the ophthalmic industry,” said Paradigm CEO Raymond Cannefax.