St. Jude Medical wins $5 million in case against Volcano Corp.

February 14, 2011 by MassDevice staff

A Massachusetts judge awards $600,000 in damages and $4.5 million in legal fees to St. Jude Medical Inc. subsidiary LightLab Imaging in its long-running legal battle with would-be Volcano Corp. unit Axsun Technologies.

STJ, VOLC

UPDATED 2/14/2011 1:45:00 p.m.

A Massachusetts judge handed St. Jude Medical Inc. (NYSE:STJ) a $5.1 million win in a long-running legal battle with Volcano Corp. (NSDQ:VOLC) involving two of their subsidiaries.

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