Judge Issues Injunctions In Medical Device Case

Law360, New York (August 25, 2008, 12:00 AM EDT) -- A Florida-based medical device company and its top executives have entered into consent agreements with the U.S. Securities and Exchange Commission that bar them from violating securities laws, ending a case that alleged that the company misled investors about the regulatory approval status of its products and the status of pending trademark applications.

Judge Richard A. Lazzara of the U.S. District Court for the Middle District of Florida entered a permanent injunction against the president of Southwestern Medical Solutions, John R. Hedges, on Friday. The court...
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