Intuitive Surgical (NSDQ:ISRG) wasn’t able to dodge a proposed class action suit against it claiming it misrepresented the safety of its robotic surgical equipment and caused stock price to drop after a California federal judge kept the motion alive late last month.
US District Judge Edward Davila said that investors in the case had sufficiently plead the case, claiming the company had inflated its stock prices with misleading statements and sales practices.