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Occupy Oakland Business Fraud Verdict: Oakland Jury Awards $9 Million Against Multi-National Corporation for Business Fraud and Breach of Contract
Date:11/9/2011

cs 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 ggwilliam@giccb.com. If Mr. Gwilliam is not available please contact Jayme L. Burns or Jane Gorelick at 510-832-5411 or jburns@giccb.com or jgorelick@giccb.com.  


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SOURCE The Law Firm of Gwilliam, Ivary, Chiosso, Cavalli & Brewer
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