June 26, 2024
A medical equipment company's leaders will pay $935,000 in attorney fees to investors' counsel after mediating a settlement in a proposed class action alleging the company breached fiduciary duty in failing to disclose its former CEO's involvement in a tax fraud dispute with Denmark.
December 07, 2021
A medical equipment company's leaders misled investors by failing to disclose that its former CEO was embroiled in a tax fraud dispute with Denmark, an investor told a Pennsylvania federal court, arguing their omissions cost millions in lost market value.