Former Hansen Medical VPs Can't Duck SEC's Fraud Claims

Law360, New York (August 13, 2012, 6:54 PM EDT) -- A California federal judge denied a bid Friday by two former Hansen Medical Inc. executives to escape the U.S. Securities and Exchange Commission's suit accusing them of running a scheme to create phony sales of medical equipment that grossly inflated the company's revenues.

U.S. District Judge Claudia Wilken ruled the SEC had sufficiently backed its fraud claims against former Hansen vice presidents Christopher Sells and Timothy Murawski, in a suit that accuses them of orchestrating a scheme to make it appear that the medical robotics maker...
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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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