9th Circ. Affirms Nixing Of $420M Award Against Tyco

Law360, New York (October 30, 2009, 1:11 PM EDT) -- Tyco Health Care Group LP has received another boost in its battle with Masimo Corp. over alleged market manipulation of pulse oximetry products, with an appeals court affirming an order vacating a jury’s findings of liability as to the health care conglomerate’s bundling agreements.

In a ruling Wednesday, the U.S. Court of Appeals for the Ninth Circuit upheld a lower court’s decision to vacate a jury’s March 2005 ruling awarding Masimo $140 million in damages, an amount that was automatically tripled under antitrust statutes to $420...
To view the full article, register now.