SeaChange Faces Class-Action Suit

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Milberg Weiss Bershad Hynes & Lerach LLP filed a class-action suit against SeaChange International Inc., alleging that the digital ad-insertion and video-on-demand vendor issued misleading statements in a January prospectus.

The lawyers are looking to cash in on a patent-infringement suit SeaChange lost to nCUBE in June.

SeaChange denied the claims in the class-action suit.

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