June 17, 2024
The founder and former CEO of Stimwave Technologies was sentenced to six years in prison Monday after tearfully proclaiming her innocence to healthcare fraud charges, with a Manhattan federal judge saying it's "sad" the defendant doesn't recognize the harm she inflicted by selling nonfunctional pain management device components.
March 06, 2024
A New York federal jury on Wednesday convicted the former CEO of Stimwave over allegations that the medical device maker sold an implant for chronic pain sufferers with a bogus component in order to drive up billings.
March 04, 2024
Prosecutors on Monday urged a Manhattan federal jury to convict the former CEO of Stimwave Technologies for hawking a medical device for chronic pain sufferers with a bogus component designed to drive up billings, while defense counsel derided a lack of evidence to support the government's claims.
February 26, 2024
The former CEO of Stimwave Technologies has alleged in the middle of her criminal fraud trial that the Manhattan U.S. Attorney's Office withheld key evidence about proffer meetings, teeing up a potential Brady fight before a skeptical judge.
October 12, 2023
A New York federal judge has denied a motion by the former CEO of Stimwave Technologies to dismiss the fraud claims against her as too unclear, saying the charges come down to whether the medical device she sold contained a dummy component or not.
March 09, 2023
Federal prosecutors Thursday unsealed a $10 million non-prosecution agreement with bankrupt medical device maker Stimwave Technologies along with an indictment of the company's former CEO, accused of running a scheme to create and sell a non-functioning medical device for chronic pain sufferers.