The settlement agreement, finalized on June 17, 2026, involves no exchange of capital between the parties. Instead, the resolution forces a clean break, terminating both the litigation and the underlying business relationship. The deal incorporates strict non-disclosure and non-disparagement clauses, with significant financial penalties attached to any future breaches. Both sides have moved to dismiss their filings with prejudice, sealing the case record permanently.
Gregory E. Smith, CEO of Coral, signaled a pivot back to business operations following the dismissal. With the conflict resolved, the company intends to redirect its resources toward the expansion of its medical services marketplace. Coral currently facilitates direct contract networks for over 2.3 million lives, managing a provider ecosystem that includes 5,000 imaging centers and 3,400 surgical facilities across the United States.





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