The highest court in Massachusetts largely denied
Volcano Corp. (NSDQ:VOLC) won’t be putting down roots in Massachusetts after all, having cancelled a $7.5 million bid for a building in Billerica.
The building, at 1 Fortune Drive, is still home to San Diego, Calif.-based Volcano’s subsidiary Axsun Technologies Inc, which develops micro-electro-mechanical optical engines for medical imaging and telecommunications.
Boston Scientific (NYSE:BSX) is suing one of its sales reps in Arizona, seeking to claw back about $200,000 it says it overpaid Michael McCormick last year.
The lawsuit, filed in the U.S. District Court for Minnesota, claims that McCormick tried to resign after the Natick, Mass.-based company approached him with a new employment contract that would have accounted for the snafu.