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Litigation

May 17, 2016

Judge affirms $21 million arbitration award

A federal judge affirmed a $21 million award Friday against a medical device company, which had sued an estranged co-founder for trade secrets theft, compelled arbitration, then sought to vacate the unfavorable result with an 800-page motion.

By America Hernandez
Daily Journal Staff Writer

A federal judge on Friday affirmed a $21 million award against a medical device company, which had sued an estranged co-founder for trade secrets theft, compelled arbitration, then sought to vacate the unfavorable result with an 800-page motion.

U.S. District Judge Dolly M. Gee canceled oral arguments and denied Neurosigma Inc's request on the papers, ordering it to...

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