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Litigation

Feb. 17, 2016

Brazilian neurosurgeon wins $21M arbitration award

Medical device company NeuroSigma was ordered to return $21 million in stock compensation it unlawfully took from a consultant, an arbitration panel ruled.

By America Hernandez
Daily Journal Staff Writer

A Brazilian neurosurgeon accused of stealing secrets on medical trials that use deep brain stimulation to induce weight loss was cleared of wrongdoing by an arbitration panel and awarded $21 million in company stock wrongfully taken from him.

Medical device company NeuroSigma Inc., which was ordered to tender the shares to Dr. Antonio A.F. De Salles by mid-January, ...

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