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Johnson & Johnson Sued Over Failing To Deliver Promised Post-Merger Returns To Auris Investors
Monday, October 12, 2020 - 10:36pm | 490Johnson & Johnson (NYSE: JNJ) stands accused in a lawsuit of deceiving investors regarding performance-based earnings from Auris Health Inc, a medical-robot company it acquired last year for $5.7 billion, Bloomberg reported Monday. What Happened: The lawsuit, filed in the Delaware Court of...
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Penny Stock Auris Medical Spikes On Case Of Mistaken Identity
Wednesday, February 13, 2019 - 11:57am | 442Auris Medical Holding AG (NASDAQ: EARS) stock traded higher by as much as 30 percent Wednesday morning after Johnson & Johnson (NYSE: JNJ) announced a $3.4 billion buyout of Auris Health. The only problem? Auris Medical Holding has nothing to do with Auris Health or the buyout. How It Happens...