A community of 30,000 US Transcriptionist serving Medical Transcription Industry
I just got off the phone with one of the lawyers... - Millie
Posted: May 14, 2012
I worked for Nuance for a very short period of time. Long enough to get the MUP email... which I took screenshots of and saved to my computer. He was very interested in them and asked me if I would forward them to him. (You bet I did!) He's also interested in documentation regarding how much Nuance bought out Transcend for. I know there is an article on here somewhere (and I'll search for it), but if you have the link, please reply. (I'll get your answer via email.) I forgot to tell him, too, about unpaid time to review documents via FIESA or RDR. I'll send him that info, too. This is happening, folks! Yes, it will take time. We did talk about the class action against the Q and how it ended up mostly in free training for MTs to get certified and get an ADHI program added to their platform for easy lookups. He assured me this suit is not just about getting free training and/or programs, it is about getting compensation. In my opinion, if you work for Transcend or Nuance, it is worth your time to email them at mjoberme @ gmail.com, or if you prefer, they have a Contact Us spot on the left sidebar of their website -cut and paste: http: //www.missouriemploymentlawattorney.com/Labor-and-Employment-Law-Blog/2012/May/Medical-Transcriptionist-Unpaid-Wage-and-Overtim.aspx (take the space out after http:), or give them a call at (314) 645-4100. They cannot recruit you. They know about MTstars. But you can contact them if you want in on a piece of the settlement. Long live the Grand 13!!
Yeah, I'm waiting for my follow up call regarding the big N - hypertyper
[ In Reply To ..]nm
Transcend sale - sm
[ In Reply To ..]The sale of Transcend to Nuance was announced in the Atlanta Journal & Constitution on May 7, 2012. You can get more info by Googling this.
Thanks, sm! - Millie
[ In Reply To ..]I'll pass these along, too. I sent him the article from Forbes. :)
here's some info - Snow Bunny
[ In Reply To ..]Nuance has agreed to acquire Transcend through a cash tender offer of $29.50 per Transcend share, representing an approximately 30 percent premium over Transcend̢۪s 90-day volume weighted average share price. The transaction has been unanimously approved by the board of directors of each company. Based on Transcend̢۪s 11.1 million diluted weighted average shares outstanding as of December 31, 2011, the acquisition is valued at approximately $300 million, net of Transcend̢۪s estimated cash at closing. The transaction is expected to close in the second half of Nuance̢۪s fiscal 2012, subject to regulatory approval and other conditions.
Thanks, Bunny - Millie
[ In Reply To ..]I sent that article to the attorney. :)
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