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Stock impact report

Staar Surgical to pay $7 million in investor suit over FDA violations [Reuters]

STAAR Surgical Company (STAA) 
Last staar surgical company earnings: 2/26 04:01 pm Check Earnings Report
Company Research Source: Reuters
Staar Surgical to pay $7 million in investor suit over FDA violations Staar Surgical Co, a manufacturer of implantable lenses tocorrect vision problems, has agreed to pay $7 million to resolvea lawsuit claiming the company misled investors about itscompliance with Food and Drug Administration regulations. The settlement was disclosed in papers filed on Tuesday infederal court in Los Angeles. It came in a securities classaction lawsuit filed in 2014 after the FDA published a warningletter about deficiencies at Staar's California manufacturingfacility. To read the full story on WestlawNext Practitioner Insights,click here: bit.ly/2sUHSP4 Show less Read more
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