litigation
confidence high
sentiment negative
materiality 0.60
Delaware court awards Politan $17.8M in fees against Masimo
MASIMO CORP
- Delaware Court of Chancery granted Politan's motion for $17.8 million in attorneys' fees and expenses.
- Award relates to Politan's lawsuit against Masimo and certain current and former directors.
- Masimo disagrees with the decision but does not intend to appeal due to its discretionary nature.