Law360, New York (January 16, 2009) -- Medical device maker Rochester Medical Corp. says it has reached a $3.5 million settlement of its antitrust claims with Covidien Ltd., the last remaining defendant in long-running antitrust litigation that claimed a group of companies had created a monopoly in the catheter market.
Under the settlement, Tyco Healthcare Group LP, which spun off from its parent company, Tyco, and became Covidien during the course of the long-running litigation, is dismissed with prejudice....
