Hansen settles SEC investigation as ex-employees charged with fraud
This article was originally published in Clinica
Executive Summary
Robotic surgery specialist Hansen Medical has resolved an investigation, without incurring any charges, by the US Securities and Exchange Commission into alleged fraud committed by two former employees a few years ago. The probe, which dates back to 2009, followed the discovery of improper practices in certain areas of Hansen's operations, forcing the company to restate its financial results (www.clinica.co.uk, 23 November 2009). The agency had charged Hansen with "providing misleading financial information to public investors".