Core Ordered to Pay Stock to Transcend

Core Inc., an Irvine provider of employee absence management services, said Friday that an arbitrator has ordered it to pay $1.7 million in stock to Transcend Services Inc. for breaching an asset purchase agreement. Core said it also is required to try to agree on a procedure for returning the assets and for determining the number of shares to be transferred. Core has 8.1 million shares of stock. The price fell 6 cents a share Friday to close at $7.44 in Nasdaq trading.