There will be no prison time for the two former Acclarent executives convicted of federal misdemeanor charges related to marketing a sinus balloon catheter for unapproved uses. Former Acclarent CEO William Facteau will instead pay a $1 million fine, and the company’s ex-sales VP Patrick Fabian will pay $500,000, according to the sentence handed down […]
Legal News
Prosecutors want to present evidence of Elizabeth Holmes’ quest for wealth and fame
Private jet flights, luxury hotel trips, fawning media reports and hobnobbing with the world’s elite — Elizabeth Holmes’ desire for recognition and wealth allegedly motivated her to commit fraud with her now-defunct blood-testing company Theranos. That’s a major motive argument that federal prosecutors would like to make when Holmes’ trial starts in July in U.S. […]
New Mexico AG sues Sterigenics over ethylene oxide emissions
The attorney general of New Mexico has filed a lawsuit against Sterigenics and associated companies claiming a company medtech sterilization plant in Santa Teresa, N.M. has harmed air quality and “materially contributed” to nearby residents’ health risks. In the claim filed Dec. 22, 2020, attorney general Hector Balderas alleges that Sterigenics has caused “substantial unreported, uncontrolled releases” […]
Zimmer Biomet wants federal judge to dismiss former SVP’s discrimination case
Zimmer Biomet is asking a federal judge to end a years-old case in which a former SVP claims the company discriminated against her by not granting her severance pay after her resignation. In a Dec. 22 filing in support of summary judgment in federal court in Northern Indiana, lawyers for the Warsaw, Ind.–based orthopedics giant […]
MicroVention suing Balt
Terumo (TYO:4543) subsidiary MicroVention announced today that it filed a second lawsuit against Balt USA for trade secret misappropriation. Aliso Viejo, Calif.-based MicroVention’s second lawsuit against Balt and four former employees follows an earlier patent lawsuit that is still ongoing, having been filed in July 2019, according to a news release. MicroVention alleges that, during the discovery […]
BREAKING: Elizabeth Holmes’ trial postponed due to California COVID surge
Ex-Theranos CEO Elizabeth Holmes’ federal fraud trial will now start in July 2021 due to another COVID-19-related delay, according to published reports. A new surge of coronavirus cases in California led Judge Edward Davila to postpone jury selection to July 13, the San Jose Mercury News and CNBC reported. Davila previously postponed the trial to […]
House Dems subpoena Azar, Redfield on questions of political pressure at CDC
A Congressional committee subpoenaed top Trump administration officials today, demanding documents they allege could show “extensive” pandemic-related political interference at the CDC. In a letter to Health and Human Services secretary Alex Azar and Centers for Disease Control and Prevention director Dr. Robert Redfield, House Democrats said an investigation showed that efforts to interfere with […]
SEC charges diagnostics company with fraud over COVID-19 test claims
The SEC announced charges against Decision Diagnostics (OTCMKTS:DECN) and its CEO, alleging false and misleading claims over a COVID-19 blood test. Westlake Village, Calif.-based Decision Diagnostics and its CEO Keith Berman are alleged to have made the claims in numerous press releases, saying that the company had developed a working, breakthrough technology for detecting COVID-19 […]
Longtime J&J exec sues for discrimination
Former Johnson & Johnson (NYSE:JNJ) executive Gina Bilotti is suing the company, alleging discrimination and verbal abuse from higher-up male executives. Nancy Erika Smith of Montclair, N.J.–based law firm Smith Mullin filed the lawsuit on behalf of Bilotti in the Superior Court of New Jersey in Essex County, according to a news release. According to the […]
Supremes turn back Cochlear IP appeal
The U.S. Supreme Court has declined to hear a $268 million patent case appeal filed by Cochlear Ltd. (ASX:COH) against two competitors. The Australia-based hearing implant company had appealed a March 2020 federal appeals court decision upholding a U.S. District Court decision that awarded $268 million in damages to those competitors, the Alfred Mann Foundation and Advanced Bionics, the […]
Nevro, Boston Scientific bury the hatchet in one IP case
Boston Scientific (NYSE:BSX) and Nevro (NYSE:NVRO) announced today that they have agreed to end Nevro’s patent infringement lawsuit against the larger company. Nevro had filed suit in the Northern District of California relating to high frequency paresthesia-free spinal cord stimulation (SCS) therapy. The official dismissal of the case is subject to the approval of the court. Boston […]
