A group of investors engaged in a class action suit against robotic surgical platform developer Intuitive Surgical (NSDQ:ISRG) said this week that they reached a $42.5 million settlement deal with the company.
The case, originally filed in April 2013, alleged that Intuitive violated federal security laws and failed to report injuries associated with its industry-leading da Vinci robotic surgery platform and misled investors, according to court documents.