Mealey's Securities/D&O Liability - Shareholder: Medical Device Maker Directors, Officers Breached Fiduciary Duties

Mealey's Securities/D&O Liability - Shareholder: Medical Device Maker Directors, Officers Breached Fiduciary Duties

SAN JOSE, Calif. - A shareholder told a federal court in California on March 21 that certain directors and officers of a medical device company breached their fiduciary duties by under reporting certain flaws in the company's main robotic surgical product (City of Birmingham Relief and Retirement System v. Gary S. Guthart, No. 14-cv-01307, N.D. Calif.).

Find full version on lexis Advance®
Access this news story on lexis.com®