Ex-Hansen Medical VP Can't Shake SEC's Fraud Claims

Law360, Los Angeles (December 10, 2013, 3:53 PM ET) -- A California federal judge preserved claims on Monday in the U.S. Securities and Exchange Commission's fraud suit against an ex-Hansen Medical Inc. executive, finding there was enough evidence showing he may have helped create phony sales of medical equipment that grossly inflated the company's revenues.

Denying Christopher Sells' motion for partial summary judgment, U.S. District Judge Claudia Wilken determined that Hansen emails supported the SEC's allegation that he knew the company was falsely reporting sales of its main product, the Sensei Robotic Catheter System.

Sells, who...
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Case Title

Securities And Exchange Commission v. Sells et al


Case Number

4:11-cv-04941

Court

California Northern

Nature of Suit

Securities/Commodities

Judge

Claudia Wilken

Date Filed

October 6, 2011

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