Navigation Links
Occupy Oakland Business Fraud Verdict: Oakland Jury Awards $9 Million Against Multi-National Corporation for Business Fraud and Breach of Contract

OAKLAND, Calif., Nov. 9, 2011 /PRNewswire/ -- As the Occupy Oakland General Strike was raging outside the courthouse doors, local business owner, Peter Allen was waiting for a jury to tell a large corporation that Oakland would not tolerate lies and greed in business dealings.  Mr. Allen had been fighting a lawsuit against Texas-based corporation, Healthtronics, Inc. for three years.  Closing arguments were given on Wednesday, November 2, 2011 the same day as the Occupy Oakland General Strike.  On Friday, November 4, 2011, the jury returned a verdict in Mr. Allen's favor for over $9 million finding that Healthtronics had breached the contract and made intentional misrepresentations to Peter Allen.  Healthtronics was recently purchased by ENDO Pharmaceuticals (Nasdaq: ENDP).  Long-time Oakland lawyer, J. Gary Gwilliam represented Peter Allen.  Mr. Gwilliam said:

"This case was very topical.  It was exactly what the 99% are complaining about – corporate greed, corporate misconduct and corporate misrepresentations by a large company taking advantage of a small business owner.  The jury agreed that this kind of conduct will no longer be tolerated."    

Peter Allen is the owner of Allmed Systems, Inc. dba Lisa Laser USA in Pleasanton, California, a small corporation run by Mr. Allen.  Allmed Systems is a distributor of medical products including surgical Revolix lasers used to treat prostate conditions.  Mr. Allen entered into an exclusive distribution arrangement with Healthtronics in 2007 whereby Healthtronics agreed to use its best efforts to market and sell the Revolix laser and increase patient access to what was indisputably the best surgical laser on the market for prostate issues.  Instead of using its best efforts to market the Revolix laser to the entire medical community, Healthtronics used it to entice urologists to build partnerships with Healthtronics thereby maximizing its own profits at Peter Allen's expense.  In doing so, Healthtronics stymied the Revolix laser in the marketplace and decreased patient access to the Revolix lasers treatments.  Healthtronics' actions almost cost Peter Allen his business.  Not only did they refuse to sell his laser to all urologists, but they actively told the medical community not to buy it from him and threatened doctors with litigation if they did.  

The Alameda County jury came back with a verdict of $9,263,345.00 in favor of Peter Allen and Allmed Systems, Inc.  They found that Healthtronics had breached the contract and made intentional and negligent misrepresentations to Peter Allen.  The judgment is likely to be over $10 million because the plaintiffs are also entitled to attorneys' fees, costs and interest.  The case is Allmed Systems, Inc. v. Healthtronics, Inc.  Case No.: VG09488663.  Allmed Systems, Inc. was represented by J. Gary Gwilliam and Jayme L. Burns of Gwilliam, Ivary, Chiosso, Cavalli & Brewer and Richard E. Korb of Korb Law Offices.  For questions please contact: J. Gary Gwilliam at 510-832-5411 or If Mr. Gwilliam is not available please contact Jayme L. Burns or Jane Gorelick at 510-832-5411 or or  

SOURCE The Law Firm of Gwilliam, Ivary, Chiosso, Cavalli & Brewer
Copyright©2010 PR Newswire.
All rights reserved

Related medicine technology :

1. Collagen Matrix, Inc. Expands Operations and Moves Corporate Headquarters to Oakland, New Jersey
2. Alexza Reports 2011 Third Quarter Financial Results and Provides Business Update
3. Bayer HealthCares MEDRAD Interventional Business Announces Five-Year Data of Cotavance® Drug Eluting Balloon with Paccocath® Technology to be Presented at 2011 TCT
4. Genomic Health Announces Third Quarter 2011 Financial Results and Business Progress
5. ZONARE Medical Systems Announces Appointment of PJ Ryland as Vice President of Business Development & Corporate Accounts
6. FTC Study Finds that in FY 2011, Pharmaceutical Industry Continued to Make Numerous Business Deals that Delay Consumers Access to Lower-Cost Generic Drugs
7. Misonix Announces the Sale of Its Laboratory and Forensic Safety Products Business for $1.5 Million
8. MSA Completes Sale of North Carolina Ballistic Vest Business
9. Pregis Announces Sale of Kobusch-Sengewald Business to an Affiliate of Sun European Partners
10. PDI Appoints Gerald R. Melillo, Jr. As SVP of Business Development
11. New PCMA Ad on Essential Health Benefits: Small Businesses Oppose Costly Mandates Pushed by Drugstore, Drug Company Lobbies
Post Your Comments:
(Date:11/25/2015)... THOUSAND OAKS, Calif. , Nov. 25, 2015 /PRNewswire/ ... of a Biologics License Application (BLA) with ... Administration (FDA) for ABP 501, a biosimilar candidate to ... the first adalimumab biosimilar application submitted to the FDA ... biosimilar pathway. Sean E. Harper , M.D., ...
(Date:11/25/2015)... AAIPharma Services Corp./Cambridge Major Laboratories, Inc. ... $15.8  Million to expand its laboratories and global ... The expansion will provide additional office space and ... of the pharmaceutical and biotechnology markets. ... up to 40,000 square feet of expanded development ...
(Date:11/25/2015)... Nov. 25, 2015  Henry Schein, Inc., the world,s ... office-based dental, medical and animal health practitioners, will unveil ... Henry Schein ConnectDental® Pavilion , which brings together ... open solutions designed to help any practice or laboratory ... for a schedule of experts appearing at the ...
Breaking Medicine Technology:
(Date:11/27/2015)... , ... November 27, 2015 , ... CBD College ... of Allied Health Education Programs (CAAHEP) awarded accreditation to its Diagnostic Medical Sonography program. ... accredited colleges, as only one of twelve colleges and universities in the state of ...
(Date:11/27/2015)... ... November 27, 2015 , ... Avid collector, Andrew Hawley from Vintage Rock Posters, ... posters. This is one of Joplin's most famous and beautiful concert posters. The concert ... Michigan in Ann Arbor. The According to Hawley, "It is hard to believe that ...
(Date:11/26/2015)... ... 26, 2015 , ... Inevitably when people think Thanksgiving, they also think Holiday ... the Black Friday and Cyber Monday massage chair sales to receive the ... and low to find the best massage chair deals, they can see all of ...
(Date:11/26/2015)... ... November 26, 2015 , ... ... to discuss bioavailability and the need to integrate dose form selection in early ... with OBN, the membership organization supporting and bringing together the UK’s emerging life ...
(Date:11/26/2015)... ... November 26, 2015 , ... WorldCare International, Inc., the ... 61st annual Employee Benefits Conference. The Employee Benefits Conference was hosted by the ... Wednesday, November 11th, 2015. The conference was held at the Hawaii Convention Center ...
Breaking Medicine News(10 mins):