Market Overview

Cyberonics Offers Update on Hagerty Suit

Related CYBX
Weakness Seen in AngioDynamics (ANGO): Stock Tumbles 7.8% - Tale of the Tape
Balanced View on Cyberonics - Analyst Blog

Cyberonics, Inc. (NASDAQ: CYBX) today announced that the lawsuit filed by former employee Andrew Hagerty in federal district court in Massachusetts was voluntarily dismissed without prejudice by Mr. Hagerty on February 1, 2013.  The company has asserted that, under the terms of his employment, Mr. Hagerty's claims are subject to binding arbitration.  Mr. Hagerty has the right to re-file the lawsuit or to pursue a resolution through binding arbitration.

Posted-In: News Legal

 

Most Popular

Related Articles (CYBX)

Around the Web, We're Loving...

Partner Network

Get Benzinga's News Delivered Free