Ultrasound device developer Verasonics said today that as part of a binding arbitration decision in a trade secret dispute, Alpinion Medical Systems has been prohibited from marketing or selling its E-Cube 12R ultrasound system for 5 years. The decision, which also came with a final award of more than $5.6 million, was confirmed last week by […]
alpinionmedicalsystems
Arbitrator nearly doubles award in Verasonics $3m trade secret win against Alpinion
Ultrasound developer Verasonics is set to receive approximately double it’s initial $2.9 million reward after arbitration in a trade secret case against Alpinion Medical Systems, according to court documents. In June, a final arbitration award was issued for approximately $2.6 million in attorney’s fees and other expenses as well as $110,059 in arbitration fees and […]
