Vice Chancellor Lori Will of the Delaware Court of Chancery. Courtesy photo Johnson & Johnson Must Pay $1B in Damages for Surgical Robotics Contract Breaches, Fraud
The opinion is a win for Ross Aronstam & Moritz and Selendy Gay attorneys who represented a shareholder group.
September 04, 2024 at 06:00 PM
4 minute read
Commercial Litigation
The original version of this story was published on Delaware Business Court Insider
Vice Chancellor Lori Will has determined Johnson & Johnson owes more than $1 billion in damages and interest to shareholders of Auris Health Inc., finding the corporation didn't honor its agreement to help a surgical robot meet certain milestones on schedule.
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