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Pound v. Stereotaxis, Inc. et al
Case Number:
4:11-cv-01752
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
Judge:
Firms
Companies
Sectors & Industries:
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March 19, 2014
Stereotaxis Ducks Investor Suit Over Product Projections
A Missouri federal judge on Tuesday dismissed a putative shareholder class action against medical device maker Stereotaxis Inc. and some of its officers over optimistic statements and sales projections concerning its flagship cardiovascular catheter control device, ruling the Stereotaxis statements had been forward-looking and nonactionable.
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October 11, 2011
Investor Says Stereotaxis Hid Problems With Products
Stereotaxis Inc. was hit with a putative shareholder class action in Missouri on Friday claiming the medical device maker hid problems with its flagship cardiology treatment systems, resulting in nearly $10 million in losses and the resignation of its chief financial officer.