regulatory
confidence high
sentiment negative
materiality 0.70
Masimo corrects recall scope: 27,600 Rad-G units affected; DOJ investigation ongoing
MASIMO CORP
- Recall affects ~7,350 U.S. and ~20,250 non-U.S. Rad-G units due to unintended power state change.
- DOJ subpoena and civil investigative demand seek documents on Rad-G/Rad-97 complaints and returns.
- Statement at June 5 investor conference corrected to clarify recall unit counts.
- Company provides no estimate of resolution or financial impact from DOJ review.