U.S. District Judge Edward Chen slashed a jury's $292.5 million false advertising jury award against the Natera cancer screening company by $5.5 million on Monday but declined to grant the company's request for a new trial.
Natera said it will appeal.
Last year a federal jury in San Francisco ruled for Guardant, deciding Natera should pay its rival $75 million in future damages and $175 million in punitive damages. In an advisory verdict, the jury recommended $42....
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