Pound v. Stereotaxis, Inc. et al

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Case overview

Case Number:

4:11-cv-01752

Court:

Missouri Eastern

Nature of Suit:

Securities/Commodities

Multi Party Litigation:

Class Action

Judge:

Henry E. Autrey

Firms

Companies

Sectors & Industries:

  1. March 19, 2014

    Stereotaxis Ducks Investor Suit Over Product Projections

    A Missouri federal judge on Tuesday dismissed a putative shareholder class action against medical device maker Stereotaxis Inc. and some of its officers over optimistic statements and sales projections concerning its flagship cardiovascular catheter control device, ruling the Stereotaxis statements had been forward-looking and nonactionable. 

  2. October 11, 2011

    Investor Says Stereotaxis Hid Problems With Products

    Stereotaxis Inc. was hit with a putative shareholder class action in Missouri on Friday claiming the medical device maker hid problems with its flagship cardiology treatment systems, resulting in nearly $10 million in losses and the resignation of its chief financial officer.