Biolitec CEO Neuberger Ordered Arrested by U.S. Judge

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Biolitec AG Chief Executive Officer Wolfgang Neuberger was ordered arrested by a federal judge in Massachusetts who said Neuberger failed to comply with a court order to not carry out a merger with Biolitec’s Austrian subsidiary.

The order was issued in a lawsuit brought against the German company by AngioDynamics Inc. U.S. District Judge Michael Ponsor said in yesterday’s order that he would refer the case to U.S. prosecutors for a criminal-contempt prosecution.