Weil, Gotshal & Manges partner Edward Reines represented CareDx. Photo: Jason Doiy/ALM $45M Jury Verdict: CareDx Diagnoses Intentional False Advertising by Competitor Natera
A $45 million jury verdict—including $23 million in punitive damages—pushed Natera's stock price down 15% Tuesday while CareDx's climbed 10%.
March 15, 2022 at 07:44 PM
3 minute read
The original version of this story was published on Delaware Law Weekly
A $45 million jury verdict is bad enough. Getting nearly a half-billion dollars knocked off your market cap—and almost $200 million added to your competitor's—might be even worse.
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