The plaintiff in a $25 million lawsuit against a medical device company drew a 15-month sentence after admitting to lying on the stand during the trial, federal prosecutors said yesterday. David Hernon pleaded guilty in late 2015 to “making false declarations before the court” when he and a business partner named Albert Davis sued Korean MRI […]
LBDS Holding Co.
Medtech legal news for the week of Mar. 17, 2014
Jury hits South Korean medical device maker with $25M in trade secret theft case
A South Korean medical device company is on the hook for more than $25 million after a federal jury in Texas found that it misappropriated trade secrets involving cardiac MRI technology from LBDS Holding Co.
