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Litigation

Jun. 2, 2016

NeuroSigma settles with estranged co-founder

Medical device company NeuroSigma settled with an estranged co-founder after he moved to hold board members personally liable for a $21 million award.

By America Hernandez
Daily Journal Staff Writer

Medical device company NeuroSigma Inc. has reached a confidential settlement with an estranged co-founder after he moved to hold the corporation's two board members personally liable for a $21 million award.

The company had been poised to appeal the judgment, which resulted from a ruling that a 2013 stock confiscation was illegal.

The co-founder, Dr. Antonio A...

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