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Maryland's Court of Special Appeals has reversed a 1998 decision in a breach-ofcontract lawsuit filed by American Bio Medica Corp. (NASDAQ: ABMC).
American Bio Medica, the Stuyvesant, Columbia County-based manufacturer of drug-testing kits, was ordered last year by a lower court in Maryland to issue 5.9 million shares of stock to the estate of Robert Friedenberg, one of the founders of the company.
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