April 4, 2014 by Brad Perriello
A federal judge vacates the $5 million arbitration award levied against Masimo in a wrongful termination lawsuit brought by 2 former sales reps, ruling that the arbitrator was biased against Masimo.
Masimo (NSDQ:MASI) is off the hook for a $5 million arbitration award after a federal judge yesterday found the arbitrator was biased against the medical device company because of his brother’s work as a lawyer for patient monitoring rivalCovidien (NYSE:COV).
