Judge Mulls Axing Biomedical Cos.' $25M Punitive Damages

By Lauren Berg · April 19, 2024, 8:26 PM EDT

Not enough evidence supports Skye Orthobiologics' $25.5 million punitive damages award against an ex-employee found to have breached his fiduciary duties by leveraging Skye's proprietary information, a California federal judge has...

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Case Information

Case Title

Skye Orthobiologics, LLC et al v. CTM Biomedical, LLC et al

Case Number

2:20-cv-03444

Court

California Central

Nature of Suit

Racketeer/Corrupt Organization

Date Filed

April 14, 2020