secwatch.observer — SEC 8-K summary
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Issuer:     MASIMO CORP (MASI)
CIK:        0000937556
Form:       8-K
Filed at:   2023-10-27T23:59:59+00:00
Accession:  0000937556-23-000205
Event type: regulatory
Sentiment:  positive
Materiality: 0.90
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

USITC issues limited exclusion order against Apple Watches for infringing Masimo pulse oximetry patents
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- ITC found Apple violated Section 337; claims 22 & 28 of '502 patent and claims 12, 24, 30 of '648 patent infringed.
- Limited exclusion order and cease & desist order issued, effective after 60-day Presidential review period.
- Masimo CEO Joe Kiani: 'Even the world's largest company is not above the law.'
- Public interest comments from academics, physicians, and Congress supported the exclusion order.
- Remedy exempts service/repair and warranty replacements of products purchased before review period.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/937556/000093755623000205/0000937556-23-000205-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/937556/000093755623000205/masi-20231026.htm
  HTML page:      https://secwatch.observer/filing/0000937556-23-000205

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer