AMS Health Sciences, Inc. Announces Ephedra Lawsuit Settlement
September 20 2006 - 7:30AM
Business Wire
AMS Health Sciences, Inc (AMEX:AMM) announced today the settlement
of Randal Potter et al v. Advantage Marketing Systems, Inc., the
final lawsuit pending against the Company involving its products
containing ephedra. In Potter, the plaintiff alleged that the
ingestion of ephedra included in the Company's AM-300 product
resulted in the death of Pamela Sue Potter. The exact settlement
terms are confidential. "This is a tremendous relief for the
Company and its stockholders," said Dr. Jerry W. Grizzle, President
and CEO of AMS. "We have worked diligently with all parties
involved to bring this to an equitable and satisfactory closing.
This settlement releases the Company from all liabilities, current
or future, related to the claims alleged in the original lawsuit."
This settlement resolves the last piece of litigation dealing with
the sale of AM-300, an ephedra-based product. The Food and Drug
Administration (FDA) banned the sale of ephedra in April 2004. In
compliance with the FDA ruling, the Company terminated all sales of
AM-300. The Company is not aware of any other claims that might
result in future litigation regarding the ingestion of ephedra
through the Company's products. AMS Health Sciences, Inc., sells
more than 60 natural nutritional supplements, weight management
products, and natural skincare products through independent
distributors across the United States and Canada. More information
about the Company is available at http://www.amsonline.com.
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