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Civil Litigation,
Intellectual Property

Aug. 27, 2019

Judge says medical device maker didn’t intentionally mislead investors

A San Francisco federal judge has dismissed a shareholder class action lawsuit against a medical device maker, finding it did not intentionally mislead investors about alleged patent infringement.

A San Francisco federal judge has dismissed a shareholder class action against a medical device maker, finding it did not intentionally mislead investors about alleged patent infringement.

The Nevro Corp. is not liable for allegedly false statements to shareholders over its nonexistent competitive advantage because the assertions did "not follow from the revelation" that its technology enjoyed no intellectual property protection,...

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