Boston Scientific (NYSE:BSX) is no stranger to the court room, and its latest quarterly release is a testament to the company’s legal tenacity.
Legal News
U.S. Healthcare Supply CEO dodges Senate grilling, takes the 5th
U.S. Healthcare Supply is in hot water over its aggressive marketing of scooters, sleep apnea devices and other products to Medicare patients who might not need the devices.
CEO Jon Letko availed himself of the the 5th Amendment right not to incriminate oneself during a Senate hearing last week, when Sen. Claire McCaskill (D-Mo.) accused U.S. Healthcare Supply of taking advantage of senior citizens.
Feds: Energex founder embezzled $230k for gambling debts, personal expenses
Operations came to a grinding halt at New Jersey-based medical device company Energex Systems after founder and former CEO Thomas Fagan was accused of several financial misconduct charges including theft of investor funds, money laundering, corporate misconduct and personal tax evasion.
J&J’s DePuy can’t dodge $8.3M metal hip implant verdict
Johnson & Johnson (NYSE:JNJ) subsidiary DePuy Orthopaedics is still responsible for an $8.3 million award to a patient who claimed the companies were responsible for injuries caused by recalled hip implants.
Legal: Intuitive Surgical wins jury trial in da Vinci training claim
Intuitive Surgical (NSDQ:ISRG) won a legal victory in a patient injury lawsuit involving its da Vinci robotic surgical assist device.
J&J sues Shasta Technologies for logo infringement
Johnson & Johnson (NYSE:JNJ) subsidiary Lifescan took its trademark gripe with Shasta Technologies to a California judge, saying the company’s use of their logo is harming the Lifescan brand.
DePuy Pinnacle lawsuits: Judge orders J&J’s DePuy Orthopaedics to produce compliance reports
Legal: Patient’s lawyer says Intuitive Surgical’s training is all about “control”
Boston Scientific denies OrbusNeich accusations
Supreme Court to hear Medtronic’s appeal of Boston Scientific’s CRM patent win
Prosthetics makers sue Medicare over payment rules
The trade association representing prosthetic medical device makers filed a lawsuit in federal court against Medicare and the U.S. Health & Human Services Dept. over what it calls "unfair and unauthorized" payment rules.
In a complaint filed in the U.S. District Court for the District of Columbia, the American Orthotic and Prosthetic Assn. alleged that the government is unfairly denying payment to suppliers of prosthetic devices.