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In re Intuitive Surgical Securities Litigation
Case Number:
5:13-cv-01920
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
Judge:
Firms
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October 04, 2018
Intuitive Investors Get $42.5M Deal With Bargain Attys' Fees
A California federal judge on Thursday preliminarily approved Intuitive Surgical Inc.'s $42.5 million settlement with shareholders who sued over its da Vinci robotic surgery systems' safety, a deal with a 19 percent attorneys' fee cut that discounts the $20 million in billable time the investors' lawyers racked up.
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September 12, 2018
Intuitive Surgical Investors Strike $42.5M Stock-Drop Deal
A class of investors in Intuitive Surgical Inc. told a California federal court on Tuesday that it has reached a $42.5 million settlement with the biomedical company over allegations that it misled shareholders about the safety of its "da Vinci" robotic surgery.
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March 26, 2018
Investors Battle Intuitive On Bid For Win In Stock-Drop Suit
The investors suing Intuitive Surgical Inc. for allegedly misleading its shareholders about the safety of its "da Vinci" robotic surgery system have pushed back against a victory bid from the company and its executives, telling a California federal court on Friday that their arguments about loss causation and materiality fall short.
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October 02, 2017
Intuitive Surgical Can't Toss Investors' Robot Glitch Suit
A California federal judge on Friday kept alive a proposed class action claiming Intuitive Surgical Inc. made misrepresentations about the safety of its robotic surgical equipment that caused the stock to drop, saying investors sufficiently alleged the company excluded material facts.
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November 17, 2016
Labaton Attys Used False Witness Statements, Intuitive Says
Intuitive Surgical Inc. has urged a California federal judge to toss class allegations that it lied about a defect in its robotic surgical equipment, saying the investors' Labaton Sucharow LLP lawyers used disavowed confidential witness statements in the complaint.
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August 22, 2014
Judge Trims Intuitive Surgery Device Securities Class Action
A California federal judge on Thursday trimmed claims alleging Intuitive Surgical Inc. made false financial reports amid a defect in its robotic surgical equipment, ruling such forward-looking statements are typically included in securities filings while preserving other claims alleging securities fraud.