SeaChange Under Siege

12/23/2002 2:17 AM Eastern

Attorney Marc Henzel fled a class-action suit against SeaChange International Inc., accusing the video-on-demand and digital-ad-insertion vendor of issuing a false and misleading prospectus in January.

At least five other suits have been filed against SeaChange, which denied the allegations alleged in a similar class-action suit last month.

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