PARADYNE’S PROBLEMS CONTINUE

There is no end in sight for Paradyne Corp’s tribulations over its 1981 and 1982 US Social Security Administration contract and the latest development is that the trial of present and former officers of the Largo, Florida company has been removed from the March 2 trial calendar: this could mean that an out-of-court settlement has been reached, but Paradyne says it would be inappropriate to comment.

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